tag:blogger.com,1999:blog-626594980028435818.post6311144266141109582..comments2024-03-28T05:14:44.500-04:00Comments on Sightings Over Sixty: Did You Miss Your Social Security Check?Tomhttp://www.blogger.com/profile/08611148987085476580noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-626594980028435818.post-68253043300402478112011-07-22T19:39:58.798-04:002011-07-22T19:39:58.798-04:00As things stand now, we're waiting. My husban...As things stand now, we're waiting. My husband is 2 years older than I and was the higher earner, so I may file at my NRA and he may take spousal benefits and then file for his at 70.<br /><br />We'll see how things roll out when we get a little closer.<br /><br />Whatever people decide, it's good that there is discussion about it. I have a friend who's never worked, and she wasn't even aware that she'd have spousal benefits from her husband's earnings record. <br /><br />People are getting more educated about these benefits!Accidental Retireehttps://www.blogger.com/profile/10658589447504169529noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-79076943020904541802011-07-17T00:59:31.067-04:002011-07-17T00:59:31.067-04:00I'm with you-- Hold off if you can. And cross...I'm with you-- Hold off if you can. And cross your fingers that there will even be Social Security by the time you're able to collect ;-)<br />Cheers, jjJoanna Jenkinshttps://www.blogger.com/profile/10836376588710862173noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-57588558521173175612011-07-16T12:56:52.955-04:002011-07-16T12:56:52.955-04:00My sage advice is simple: If you aren't retiri...My sage advice is simple: If you aren't retiring before you reach full benefits, don't touch it. You will be taxed heavily if you take it early and continue to work.<br /><br />I retired at 59 (lucky me... things just fell in place) and took SS at 62 rather than wait. It works for me but maybe not for you. My father waited until he was 65 but continued to work until he was 77. <br /><br />We are all different and we have different needs and different perspectives. <br /><br />The government wants you to hold off as long as you can. They have their reasons and they are not necessarily to your benefit.Douglashttps://www.blogger.com/profile/09752593286034877538noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-48890014407732953622011-07-16T10:29:32.617-04:002011-07-16T10:29:32.617-04:00We plan on leaving my husband's money on the t...We plan on leaving my husband's money on the table until he is 66. He was going to start at 62- but after reading articles like yours (he should live to his late 80's) the wait began. <br />Since I am in the "you may lose it" category of 53- I have no idea when or if I will ever get any.I am pretty sure people my age will take it ASAP since they have been threatened to lose it. Still not sure how THAT is fair!<br />Excellent coverage of the topicJBOhttps://www.blogger.com/profile/14046534858451392848noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-67504507557831659782011-07-15T12:36:13.060-04:002011-07-15T12:36:13.060-04:00At 62 (if it's still around in 8 years), I'...At 62 (if it's still around in 8 years), I'll collect @ $1300./mos. I don't plan on waiting til my full retirement age, although I know some financial advisors recommend waiting. I've seen too many people wait and die just a short time after they retire, hardly collecting. Morbid I know, but I'd rather just receive it than let the government keep it for me.Terryhttps://www.blogger.com/profile/03382748737031648032noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-70559003007769057192011-07-14T09:52:45.382-04:002011-07-14T09:52:45.382-04:00Nice coverage of a complicated topic. I took SS a...Nice coverage of a complicated topic. I took SS at age 64 following a stroke. I had intended to work longer but time intervened. This is insurance not welfare, but sometimes we forget that. Thianks for the reminder. SS is a good thing. Dianneschmidleysscribblins.wordpress.comhttp://schmidleysscribblins.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-13447141777794285122011-07-14T09:43:18.096-04:002011-07-14T09:43:18.096-04:00I chose to take my SS benefit at 62 because the in...I chose to take my SS benefit at 62 because the income I'd expected and needed from investments was curtailed just after I retired. Based on my understanding of my life expectancy, I really didn't expect to live past the 78+ year point that is the break-even for SS. The calculator just gave me a shock! It says I'll live to be 91. I seriously doubt that, since it didn't ask a couple of critical questions, but I can't help hoping it's wrong. Now, that IS perverse, isn't it? <br /><br />What mental gyrations we find ourselves required to do, thanks to the perfidy of Big Banks and Wall Street.Nancehttps://www.blogger.com/profile/15166865250789996825noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-55469194843726218952011-07-14T00:28:30.727-04:002011-07-14T00:28:30.727-04:00Yes, the calculator is a great tool. I used it a l...Yes, the calculator is a great tool. I used it a lot in the years leading up to our retirement last year. We do depend a lot on Social Security though I also have a small pension and we have savings from our 401K's that we're trying to leave alone as much as possible right now. The challenge is to find a balance -- to be prudent and yet to enjoy one's life and resources as much as possible.Dr. Kathy McCoyhttps://www.blogger.com/profile/02903015507894951725noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-64859013714280917762011-07-13T19:46:57.927-04:002011-07-13T19:46:57.927-04:00Good info. I just checked out the calculator and i...Good info. I just checked out the calculator and it works as expected. Now. how long do I leave that money on the table?Bob Lowryhttps://www.blogger.com/profile/16843991725692979189noreply@blogger.comtag:blogger.com,1999:blog-626594980028435818.post-43426068104286876512011-07-13T18:57:23.785-04:002011-07-13T18:57:23.785-04:00If I collect at 62, I'll get $700 a month. If...If I collect at 62, I'll get $700 a month. If I wait till 66, I'll get $1600.<br /><br />I just hope it's still there. Some economists say to start collecting ASAP and put those checks into a savings account till you actually retire. <br /><br />Just sayin'.Anonymousnoreply@blogger.com