The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Well on Less


Subject:  Re: SS conclusion Date:  11/9/2003  1:46 PM
Author:  telegraph Number:  211 of 1742

Paying early retirement benefits is the first thing that should be eliminated altogether. That was an add on to the program that inflates costs.

Actually, I'd like to see the 'costs'. If you retire early at 62, you will get the same money by age 76 or so...whether you get it over 14 years, or over 10 years..the benefit is reduced by roughly 30%. YOu don't get any m