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I thank you and Jeff who are kind enough to respond to my post. I had spoke with Social Security Administration last week and they had explained to me that as the laws sit, I would have to be 66 and 10 months old to receive full benefits. Social Security states that the age of early retirement with a Social Security check is age 62 and they and our Government have no plans to change that law. My sights are set on a long, healthy retirement where at age 62, I can have a boost to my monthly pension checks from my 401 K and not touch my IRA money until I am forced to at age 70 1/2. While we all know that you can't get a tax break with both an IRA and a 401 K, the tax-deferred status of an IRA makes this irresistable to add that $2000 max. each and every year.

My questions mainly lie in the DRIP stocks. I mentioned 20 good quality stocks but what I'm shooting for is a fair amount in different companies to have a real kicker in those "Golden Years".

You know, I work with lots of very well-off older folks who are so honest and generous with their advice. Most have made some excellent returns on their investments and love to talk stocks, the Market and such , but when you figure that if you put just 1 or 2 grand in a good quality stock, let it ride those 20 years... calculate that! It's an awesome amount and would take me a few years to accumulate that 20 grand. Heck, I paid off a 30 thousand credit card debt over 1 year by working 6 12-hour shifts. Though I felt like you know what, I paid it off. I'm sure that I could accumulate 20 grand in about 2- 2 1/2 years. I'm just not sure about how many stocks I would need to buy for a consistent 13% average return, annually over 20 years.


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