Dave Ramsey warns against relying on Social Security for retirement income, urging Americans to create a solid retirement plan. Ramsey advises having clear retirement goals and investing 15% of income. He suggests investing in employer plans, Roth IRAs, and maintaining a long-term investment perspective. Ramsey also stresses the importance of working with a financial advisor for a customized plan.

Ramsey Solutions reports that many Americans rely heavily on Social Security for retirement income, emphasizing the need for a new retirement plan. The maximum Social Security benefits vary based on retirement age, with potential changes due to the OBBBA. Ramsey advocates for proactive retirement planning and investing to secure financial stability in retirement.

To achieve a secure retirement, Ramsey recommends setting clear retirement goals and investing 15% of income. He advises against relying solely on Social Security benefits and stresses the importance of working with a financial advisor. Ramsey suggests a strategic investment approach, including employer plans and Roth IRAs, to build wealth effectively.

Ramsey cautions against solely depending on Social Security for retirement income, urging Americans to create a robust retirement plan. He emphasizes the importance of setting clear retirement goals, investing wisely, and working with a financial advisor. Ramsey advocates for a proactive approach to retirement planning to ensure financial security in later years.

Read more at Yahoo Finance: 6 Retirement Plan Steps To Take If You Don’t Trust Social Security (Like Dave Ramsey Doesn’t)