Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Brown Cafe Polls
Social Security-----When should you start drawing? (On Topic Only)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2952436" data-attributes="member: 12570"><p>After meeting with my financial adviser yesterday, we have agreed that we are going to wait until I am at least 67, preferably until I am 70, before I start drawing SS. We feel confident that between the money that I have been able to save, my projected income from my pension and part time work and the fact that I will be debt free when I retire will give me the flexibility to delay collecting SS until I am either ready to or are forced to.</p><p></p><p>My brother is in a much different financial situation. He is 60 and has had some medical issues of late which have his employer basically pushing him out the door. He has not been able to set aside very much, if any, and as a result will begin to collect his SS on the first day of the month that he is eligible. Unfortunately, his spouse did not work enough to be eligible for SS, so they will be depending upon his monthly benefit check, plus whatever they are able to save from the sale of their home, as their sole source of retirement income.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2952436, member: 12570"] After meeting with my financial adviser yesterday, we have agreed that we are going to wait until I am at least 67, preferably until I am 70, before I start drawing SS. We feel confident that between the money that I have been able to save, my projected income from my pension and part time work and the fact that I will be debt free when I retire will give me the flexibility to delay collecting SS until I am either ready to or are forced to. My brother is in a much different financial situation. He is 60 and has had some medical issues of late which have his employer basically pushing him out the door. He has not been able to set aside very much, if any, and as a result will begin to collect his SS on the first day of the month that he is eligible. Unfortunately, his spouse did not work enough to be eligible for SS, so they will be depending upon his monthly benefit check, plus whatever they are able to save from the sale of their home, as their sole source of retirement income. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Brown Cafe Polls
Social Security-----When should you start drawing? (On Topic Only)
Top