This Ramsey Show caller is nearly retired with $4K saved. Should she borrow against her home? What the hosts had to say

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And she’s down to her last few thousand. Concerned, she called into The Ramsey Show for some advice (1).With multiple disabilities that prevent consistent work, she lives in a fully paid-off home held in a trust. She carries zero debt and spends roughly $1,000 a month on essentials, living diligently within her budget, paying only utilities, insurance and food — supplemented by food stamps.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPApproaching retirement with no savings? Don’t panic, you're not alone. Here are 6 easy ways you can catch up (and fast)“I’ve burned through nearly all my savings, and I’m down to $4,000,” she confessed on her recent call to The Ramsey Show.Cherie can’t claim Social Security retirement benefits until age 67, and repeated disability-benefit denials have left her without another reliable income source. Here’s what happened next.Cherie asked if she should borrow against or sell her trust-held home to gain more money.“Don't borrow against it because that's now putting the one thing that you have that's safe and secure at risk because income is an issue for you, so you don't want to do anything that will add debt to your life,” cohost Jade Warshaw said.Instead, they urged her to try generating a modest but essential income through part-time remote work.“You sound great on the phone,” cohost Ken Coleman added. The hosts recommended customer service roles that require only a headset and about four hours of work per day.Warshaw mentioned her own experience working flexible hours on platforms such as arise.com (2), which allow workers to choose short shifts without competition. This is ideal for someone who hasn’t held a traditional job in years but needs flexibility due to health challenges.They also told Cherie to apply immediately for Supplemental Security Income (SSI), which averages about $718 monthly (3) for all recipients (that number is slightly higher for someone aged 63, averaging $764). This should allow her to cover roughly two-thirds of her current expenses while bolstering her Social Security application at age 67.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,845.50 -50.74 (-0.74%)Dow 3048,063.29 -303.77 (-0.63%)Nasdaq23,241.99 -177.09 (-0.76%)Russell 20002,481.91 -18.68 (-0.75%)VIX14.95 +0.62 (+4.33%)Gold4,332.10 -9.00 (-0.21%)Trending tickersBTC-USD Bitcoin USD 87,870.91 -971.23 (-1.09%)^GSPC S&P 500 6,845.50 -50.74 (-0.74%)^IXIC NASDAQ Composite 23,241.99 -177.09 (-0.76%)ETH-USD Ethereum USD 2,983.28 -12.20 (-0.41%)XRP-USD XRP USD 1.85 -0.02 (-1.23%)PortfolioSign in to access your portfolioSign inTop gainersAXSM Axsome Therapeutics, Inc. 182.64 +33.85 (+22.75%)PSNY Polestar Automotive Holding UK PLC 21.37 +1.88 (+9.65%)ONDS Ondas Holdings Inc. 9.76 +0.77 (+8.57%)DJT Trump Media & Technology Group Corp. 13.24 +0.67 (+5.33%)PBF PBF Energy Inc. 27.12 +1.08 (+4.15%)Top losersCORT Corcept Therapeutics Incorporated 34.80 -35.40 (-50.42%)QXO QXO, Inc. 19.29 -1.75 (-8.32%)RGC Regencell Bioscience Holdings Limited 21.00 -1.90 (-8.30%)NIO NIO Inc. 5.10 -0.40 (-7.27%)PSLV Sprott Physical Silver Trust 23.65 -1.57 (-6.23%)Most activeONDS Ondas Holdings Inc. 9.76 +0.77 (+8.57%)NVDA NVIDIA Corporation 186.50 -1.04 (-0.55%)PLUG Plug Power Inc. 1.9700 +0.0350 (+1.81%)NIO NIO Inc. 5.10 -0.40 (-7.27%)TSLA Tesla, Inc. 449.72 -4.52 (-1.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events