Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Paladin2

Me too
Now I’m actually reading this kind of stuff instead of blowing past it


7 posted on 11/16/2019 3:53:48 PM PST by digger48
[ Post Reply | Private Reply | To 5 | View Replies ]


To: digger48
I'm in the same boat too - starting to read this stuff as I only have a few years before it starts applying to me.

Right now, I'm still planning to not file until I'm 70 or at a minimum my FRA of 67. Both my wife and I are looking at close to $3,500/mo each - $84k a year - if we can hold off until 70 as we both worked a similar amount of years at similar income.

I just became aware of those numbers recently and was pleasantly surprised as I spent most of my life thinking Social Security would be insolvent by the time I came of age. So I never figured on ever getting it and socked a ton of money into 401(k) and Roth IRA.

I know a lot here are saying take it at 62 but there is quite a delta between taking it at 62 and taking it at 70 in my case.

83 posted on 11/16/2019 5:41:37 PM PST by SamAdams76
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson