"Dave Ramsey Surprised by Caller with $880,000 in Savings Worried About Moving to a Higher Tax Bracket"
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Updated: Sep 06 2025
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Source: Benzinga
Caller Concerns: A 78-year-old woman named Denise expressed her fear of earning more money due to potential higher taxes, despite having $880,000 saved and recently receiving a $200,000 settlement.
Ramsey's Advice: Dave Ramsey advised her against avoiding growth, emphasizing that no tax bracket takes all earnings and suggesting she consult a financial professional for better investment strategies, rather than considering municipal bonds or annuities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
