UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: spirit11 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75794  
Subject: Age to collect social security Date: 1/5/2000 4:58 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
In one of the earlier posts, it was suggested that collecting social security at 65 and continuing to work would be okay. However, as I understand it, the amount of social security goes up to a maximum at age 70. However, if I am over 65, making a little more than 50K, wouldn't it be better to defer taking SS payments until I am 70. There would then be no limit on earnings, and I would be collecting the maximum amount. I believe the amount is fixed according to the year you take it and would not increase, depending on earnings.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement