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SVTPerformance's Chain of Restaurants
Road Side Pub
Retirement and social security
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<blockquote data-quote="JimCSHO" data-source="post: 16876837" data-attributes="member: 183032"><p>I took my retirement and SS at 62, not that big a bite. But, I got bored and went back to work. Like sleek said, you can only earn so much before they start taking some away. I earned "too much" so didn't get any SS payments for a couple of years until I hit "full retirement age" and then I get SS and pension and my salary. And my SS keeps going up because I am still working so it's like I never took the early hit.</p><p></p><p>The problem with waiting is you have to answer one question: <strong>When do you plan to die?</strong> That's the only way to know whether it is better to take the reduced amount or not.</p></blockquote><p></p>
[QUOTE="JimCSHO, post: 16876837, member: 183032"] I took my retirement and SS at 62, not that big a bite. But, I got bored and went back to work. Like sleek said, you can only earn so much before they start taking some away. I earned "too much" so didn't get any SS payments for a couple of years until I hit "full retirement age" and then I get SS and pension and my salary. And my SS keeps going up because I am still working so it's like I never took the early hit. The problem with waiting is you have to answer one question: [B]When do you plan to die?[/B] That's the only way to know whether it is better to take the reduced amount or not. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Retirement and social security
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