RayVT,Not sure what you meant by double count.Basic scenario, retire at 62 with or without immediate SSA.Let's say at 62, I start recieving SSA payments of $16K each year.I get those payments for 4 years (62 - 65). I have been "given" $64,000.If I wait until 66 to get SSA, I will have had to draw down my savings by $64,000 to live on because I did not get from SSA.The net result is taking SSA at 62, leaves money in your IRA/401K/savings.Of course, continuing to work from 62 to 66 changes all the numbers.Hope that explains my point.Genehttp://www.taylortel.net/~gdett2/
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra