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UPS Union Issues
Are managers invincible?
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<blockquote data-quote="olroadbeech" data-source="post: 1566793" data-attributes="member: 52145"><p>with our pension and additional retirement income from a well funded 401k. it may make sense to wait for a bigger benny from SS, but it takes about 18 years to break even.</p><p></p><p>it depends on your health and financial situation to make that call. my parents waited. they were both in good health and they both worked till they were 80 so they triple dipped. they received pensions, SS , IRA distributions, without penalties after they hit 70.</p><p></p><p>for me, im collecting at 62. " a bird in hand is better than 2 in the bush." i'll just put my SS in an IRA from age 62-70. and hopefully the market will do well. im willing to gamble on that rather than assume that social security will still be around .</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 1566793, member: 52145"] with our pension and additional retirement income from a well funded 401k. it may make sense to wait for a bigger benny from SS, but it takes about 18 years to break even. it depends on your health and financial situation to make that call. my parents waited. they were both in good health and they both worked till they were 80 so they triple dipped. they received pensions, SS , IRA distributions, without penalties after they hit 70. for me, im collecting at 62. " a bird in hand is better than 2 in the bush." i'll just put my SS in an IRA from age 62-70. and hopefully the market will do well. im willing to gamble on that rather than assume that social security will still be around . [/QUOTE]
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