On claiming SS at 62
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I'm convinced. The part about the breakeven stats applying no discount to future dollars is particularly stupid. Of course the government hopes people claim as late as possible.
Link to video -
I'm 62 and still working full time, so it doesn't make sense for me. Apart from anything else, I'd get taxed up the ass.
Obviously, I didn't watch the video, but I can't see how it would be a good idea now.
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I'm 62 and still working full time, so it doesn't make sense for me. Apart from anything else, I'd get taxed up the ass.
Obviously, I didn't watch the video, but I can't see how it would be a good idea now.
@Doctor-Phibes said in On claiming SS at 62:
I'm 62 and still working full time, so it doesn't make sense for me. Apart from anything else, I'd get taxed up the ass.
Obviously, I didn't watch the video, but I can't see how it would be a good idea now.
Obviously. None of the cool kids here watch videos.
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@Doctor-Phibes said in On claiming SS at 62:
I'm 62 and still working full time, so it doesn't make sense for me. Apart from anything else, I'd get taxed up the ass.
Obviously, I didn't watch the video, but I can't see how it would be a good idea now.
Obviously. None of the cool kids here watch videos.
@Horace said in On claiming SS at 62:
Obviously. None of the cool kids here watch videos.
I didn't watch the video because I'm working full time.
Snark aside, am I wrong? If I work until I'm 65 rather than retire at 62, I get roughly $50K more per year, based on pension, 401K and SS.
I was only joking
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@Horace said in On claiming SS at 62:
Obviously. None of the cool kids here watch videos.
I didn't watch the video because I'm working full time.
Snark aside, am I wrong? If I work until I'm 65 rather than retire at 62, I get roughly $50K more per year, based on pension, 401K and SS.
@Doctor-Phibes said in On claiming SS at 62:
@Horace said in On claiming SS at 62:
Obviously. None of the cool kids here watch videos.
I didn't watch the video because I'm working full time.
Snark aside, am I wrong? If I work until I'm 65 rather than retire at 62, I get roughly $50K more per year, based on pension, 401K and SS.
An income interferes with SS between 62 and full retirement age of 67. The video assumes one is retired.
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You're a bunch of
luckylazy buggers retiring at that age. Who do you think are, the French?No wonder you need immigrants to do your work for you.
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You're a bunch of
luckylazy buggers retiring at that age. Who do you think are, the French?No wonder you need immigrants to do your work for you.
@Doctor-Phibes said in On claiming SS at 62:
You're a bunch of
luckylazy buggers retiring at that age. Who do you think are, the French?No wonder you need immigrants to do your work for you.
Yeah, that’s why you’re here.
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I took it at 70 - and didn't watch the video. One thing to consider is that in 7 years they'll likely cut the benefit for everyone by about 25% as funds will have run out. They'll have to cut it again a few years later. Of course, congress could fix it - but that's not going to happen.
Actually, I've seen a few videos that anticipate that the government will do what was done in Argentina, Greece, Poland and a couple of other countries is that once the national debt is sufficiently out of control, the government will nationalize pensions, 401Ks and IRAs - to make things better for all of us.
