UnThreaded | Threaded | Whole Thread (49) | Ignore Thread Prev | Next
Author: lusemall Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77135  
Subject: Re: social security planning Date: 1/31/2000 2:47 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
My husband owned his own insurance company and when he turned 62 he checked into taking SS early. He found out that the difference wasn't that great in the long run and if he retired at 62 he was in good health and we could do what we wanted to do now instead of waiting and possibly not being in good health by the time 65 rolled around.

You have to check on the difference between taking it now and waiting for 3 years. If you have enough money to live comfortably adding SS to your monthly income then it would be worth considering. If you will just be living on the edge and can't go and do anything anyway, then that should be taken into account also. It is a very personal thing and no two families are alike. These are just a few things to consider before making a decision. Lu
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (49) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

An Interesting Read
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 Glassdoor #1 Company to Work For 2015! 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.