Take The Money And Run?
Retire When Eligible or Wait for a Bigger Social Security Check?
Rumors abound about our Social Security system about how it will be bankrupt when the baby boomers have bled it dry sometime around 2018?
This boomer happens to believe that he earned the money that will someday be paid out in tiny little monthly amounts and that he will never live to see what he paid into it.
My wife just retired at age 62 and it was a mutual decision for her to start collecting SS benefits. One reason was, we needed the income, and another was – why wait, on our country's present economic course you never know what might happen. We could be owned by China by then and I don't think they would be inclined to honor a broke system.
Our readers want to know what you plan on doing when you get close to the eligible age. Will you wait until you are older for larger benefit amounts or will you take the money at age 62 and run?
Related articles by Zemanta
- Baby-boomer Suicides spur Author to Offer Free E-Book, "How to Make Money While You Look for a Job" (prweb.com)
- Baby boomers aging to be self-reliant (esciencenews.com)
- Baby Boomers, It's All Their Fault (osocio.org)
- 79 Million Boomers Begin Retiring ? Now (blogs.forbes.com)
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
January 12th, 2010 at 7:54 pm
Love the name of the boat, that is awesome. Seems like a great name for a full time retired boat crew… Congrats!
January 12th, 2010 at 9:12 pm
That is a cool name for a boat, thanks for stopping by Chad.