Thread: SSI Benefits

Tweet

I am sure there are more of the mindset, that says work as long as you can, stash cash, 401 and the likes. There is 1000 a month difference if someone holds out until 67. I believe that at that age you are forced to take the money. So if you plan right given todays calculation @ 67 ssi is about 3500 a month, compared to 2300 @ 62. Folks will say for 5 years the bump it to small to be a benefit, more is always more. Back that up with income from some planed investments and you could easily see 5k a month . This works providing you own your home and all the toys ie cars, hotrods.

I grew with lots of my friends that were going to retire at 55, the big dream of the 80s. They are now retired and board to death, they will not admit it but the conversations bring out the clues that tell the truth. Only can speak for myself but I like to work it keeps me thinking and gives me another reason to get up each day. Allows me to drive my hotrod and not care about gas mileage and have the $$ to fix or upgrade. People that think that they need to bail because they aren't going to get what they put in........... Well they are exactly right and nobody does so they need to stick around and get all they can.