Until Social Security payments go away, or get cut significantly, I am beating the system.
I waited until my full retirement age of 66 to apply, so I am getting my full payment each month, AND I can keep working full time without that income reducing the SSA payments.
As a result, I am now receiving a total annual amount that, if converted to 1993 dollars, is more than I made in 1993.
In 1983, I had a wife and a child, and now it’s just me, so i am miles ahead.
Also, if I do the same math for my 1977 earnings, I am making more than in 1977. Still miles ahead.
And it’s not stolen money, ‘cause I earned the SSA payments over the years. It’s MY money.
Correction:
Until Social Security payments go away, or get cut significantly, I am beating the system.
I waited until my full retirement age of 66 to apply, so I am getting my full payment each month, AND I can keep working full time without that income reducing the SSA payments.
As a result, I am now receiving a total annual amount that, if converted to 1993 dollars, is more than I made in 1993.
In 1993, I had a wife and a child, and now it’s just me, so i am miles ahead.
Also, if I do the same math for my 1977 earnings, I am making more than in 1977. Still miles ahead.
And it’s not stolen money, ‘cause I earned the SSA payments over the years. It’s MY money.
Unless you are an ex unionized government employee... Federal State or Local