Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: SeekAndFind

My wife and I are 64. We have online accounts with the SS administration to get detailed information on what to expect. After doing the math regarding when to start payments, my stay at home wife started hers now (hers is much lower than mine). Her payments are exactly what we expected. To the penny.

Knowledge is power.

And yes, if push comes to shove, we could live fairly comfortably on SS alone. It’s one of the reasons we moved from Seattle to rural Kentucky.


4 posted on 04/25/2018 11:40:29 AM PDT by robroys woman (So you're not confused, I'm using my wife's account.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: robroys woman

You should start taking SS as soon as possible. If you are still working, invest all of it in mutual funds/Roth depending on your tax rate. It will earn faster than the increase you get by waiting.


11 posted on 04/25/2018 11:44:51 AM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: robroys woman

Welcome to rural Kentucky. Ain’t it grand?


19 posted on 04/25/2018 11:50:25 AM PDT by hardspunned
[ Post Reply | Private Reply | To 4 | View Replies ]

To: robroys woman

“It’s one of the reasons we moved from Seattle to rural Kentucky.”

I want to look into a strategic move like that.


40 posted on 04/25/2018 12:11:56 PM PDT by avenir ("But as for you, teach what accords with sound doctrine."--Paul to Titus)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: robroys woman
my stay at home wife started hers now (hers is much lower than mine)

I assume, since she didn't work, that her benefit is 50% of what yours will be at full retirement ... minus the ding for starting early.

54 posted on 04/25/2018 12:52:53 PM PDT by tx_eggman (Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson