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<blockquote data-quote="vantexan" data-source="post: 858111" data-attributes="member: 24302"><p>Yep, just as I said, the UPS drivers delivering pkgs in trucks with no AC are the ones earning that good pay. Really gets under your skin about living overseas, huh? Don't worry, I'll still be paying taxes to the good ol' USA. Just not much, low income and all. By the way, I plan to go to the Philippines when I'm around 60 to find a wife, unless I find one wherever I'm living. Our children, as U.S. citizens, will each be entitled to a monthly Social Security payment equal to half of my full SS payment, even if I take SS early at 62. Until they're 18, or 19 if still in high school. Limit is 180% of full SS payment per family. Was planning to move there at 52 but FedEx terminated the plan. So I'll wait, and let SS help me pay for my family. Of course with current conditions that entitlement might go away, but it's been the case for decades and I don't hear any talk yet of it being stopped. Assuming it doesn't, that plus my own SS plus my pension should gross at least $3500 a month. Not much by your standards but that's great money overseas. Does it matter? Heck yeah, my wife and kids will be taken care of after I'm gone. Kid's payments go up to 75% of my full SS each after I die. After having my income slowed to a walk and getting a much lower pension I will gladly take whatever the gov't is offering.</p></blockquote><p></p>
[QUOTE="vantexan, post: 858111, member: 24302"] Yep, just as I said, the UPS drivers delivering pkgs in trucks with no AC are the ones earning that good pay. Really gets under your skin about living overseas, huh? Don't worry, I'll still be paying taxes to the good ol' USA. Just not much, low income and all. By the way, I plan to go to the Philippines when I'm around 60 to find a wife, unless I find one wherever I'm living. Our children, as U.S. citizens, will each be entitled to a monthly Social Security payment equal to half of my full SS payment, even if I take SS early at 62. Until they're 18, or 19 if still in high school. Limit is 180% of full SS payment per family. Was planning to move there at 52 but FedEx terminated the plan. So I'll wait, and let SS help me pay for my family. Of course with current conditions that entitlement might go away, but it's been the case for decades and I don't hear any talk yet of it being stopped. Assuming it doesn't, that plus my own SS plus my pension should gross at least $3500 a month. Not much by your standards but that's great money overseas. Does it matter? Heck yeah, my wife and kids will be taken care of after I'm gone. Kid's payments go up to 75% of my full SS each after I die. After having my income slowed to a walk and getting a much lower pension I will gladly take whatever the gov't is offering. [/QUOTE]
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