Posted on 12/31/2017 7:23:49 AM PST by SeekAndFind
“Take the money! Anyone who Waits for 8 years without an ironclad guarantee from God that they’re going to live to make up what they will have lost if they died the day before the 70th birthday is nuts.”
EXACTLY! My husband retired at 62 and died 2 years later. I’m glad he had two work-free years and was able to enjoy it. He worked and paid into SS from the time he was 16, as did I. I hope I live to 90+ to receive what we both should have gotten.
“jaw-dropping good”
Maybe ... but it comes off sounding like BS.
You might want to knock on wood, and make sure your support staff is happy.
I’m not commenting on your husband, but obesity and death before 50 will save social security
“Phil got it right ... sales ... and I’m jaw-dropping good.”
—
Brag much?
.
> So enjoy your SS funded vacation it is only taking two working people to provide it to you. <
You do make a good point about how SS has warped into something it wasn’t originally meant to be.
And I suppose I’d feel a bit guilty had I “hurt my back” when I was 20, and was freeloading off of disability ever since. But nope. Been working since I was 18. And like many other FReepers here, I went for years without missing even one day of work, and paying into SS the whole time.
So yeah, I’m going fishing, guilt-free.
Bump
Bookmarked, thanks!
Exactly - Time is worth far more than money.
Brag much?
***************
No, actually. I put things in perspective. My apologies for being a bit proud of accomplishments, breaking every record there is in this over 50 year-old company. I hope that doesn’t tread near your fragile sensibilities. You should hear their accolades, it’s embarrassing. Humbleness prohibits me from repeating them.
It is welfare. It is a vote buying wealth transfer scheme design. Anyone who takes it is accepting welfare. Anyone who depends on it is welfare dependent.
What about the fact that most recipients paid into Social Security their entire working lifetimes?
If you earned good income while working, your SS monthly benefit amounts will be larger than if you either didn't work as much or earned smaller wages during the time you worked.
I don't know what formula the government uses to figure this amount.
You can't put SS into an IRA without some penalty as an IRA has to be from “earned income”, SS is not earned income, it is reported on a 1099 not a W-2.
I have been looking for ways around it wanting to put SS into a Roth for my 4 year old daughter (who gets SS based on my full retirement age).
I turned 62 this year and took the money. Used the 1st two checks for a month long vacation. But then SS is not my primary retirement.
Bookmark
On the other hand I DID hurt ny back at work. Received absolutely nothing in compensation.Returned to different work after surgery and long recovery . Have worked 32 years since.
There are jobs that MANY who receive SSDI could be working at. The benefits have been awarded too easily.
I hope you are being sarcastic. I grieve my husband’s death every day. He died of a GBM brain tumor — same as John McCain. The only difference is my husband died just 15 days after his diagnosis. We should have had many years to enjoy retirement.
As I said, my post had nothing to do with your husband or his passing.
all I know is I need my INCOME now for a little longer...I don't want to keep working and collect SS because our tax bill will be too high...
when I do retire, we'll live only on husbands pensions, not large, but enough, and our two SS....we'll leave the retirement accounts alone hopefully....
Bump
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.