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Retirement
Carebearjill - 2 days ago
If your company offered you 50k one time payment instead waiting til 65 to get monthly payment of 437$ what would you choose?
Carebearjill - 2 days ago
40lk plus social security and 437$ monthly
Cel6 - 2 days ago
Well to only get 400 a month means you retired before the age 67. So no that's not a good deal. Jill
 48 M
Cel6 - 2 days ago
You got to remember social security is taxed plus you have to pay for your insurance so that $400 a month now just turned into $200 a month do you really think you can live on $200 a month in America Jill' simple math J's
 48 M
Cel6 - 2 days ago
If you wait till full retirement at 67 you'll get around 2,200 a month. Mine is taxes and insurance he'll take home about 1750 a month Jill' and you get no penalty if you worked part-time.
 48 M
Cel6 - 2 days ago
Now keep in mind Jill pending on what part of United States you live in at full retirement you can get 3200 a month minus taxes and insurance. The trick to the game is waiting until 67. And then hope to God you live for at least 30 years then you get all your social security money back.
 48 M
Carebearjill - 2 days ago
They froze our pension. They just cap out a percentage so that's the amount you get no matter when you retire
Carebearjill - 2 days ago
We have to count on our social security and social security along with that low pension to live
Carebearjill - 2 days ago
401k
Cel6 - 2 days ago
You have a sad part Jill unless all of your mortgages fully paid and you have no car note you could definitely live on 3200 a month the biggest problem is after retirement is paying property taxes that's usually how retired people lose their homes is because they can't afford property taxes no more after retirement. The thing us older people have to worry about though it may not be no social security in 10 years.
 48 M
Cel6 - 2 days ago
So with that said that's why you see so many senior citizens getting their pension social security and still working unfortunately 90% of retirees will work until they die. J's
 48 M

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