Posted on 08/02/2018 9:22:46 AM PDT by Red Badger
I’m taking mine at 66.
Do you have to sign up for Medicare when you sign up for Social Security?
Can you take Social Security WITHOUT joining Medicare?
Better check the SS website, depending on your year of birth, it may be different. For me, 66 year + 2 months is considered full retirement age................
I don’t know..................FReepers?........................
Started mine at 64. Laid off, retired same day. The next week I got my first retirement check and the week after my first SS check. Cha Ching! For me the break even point was something like 12 years down the road so I figured I needed the smaller amount now. Not that much smaller in my case. Good luck.
Same here. We did the math regarding waiting, it would take a very long time before we reach the break even point.
At 66 I can take SS and earn all the money I want without having to give any back. :)
For me, it’s about being able to earn AND collect SS, which is why I’ll wait ‘till 66, which is just over a year from now.
These kinds of articles never mention the possibility that SS payouts would be reduced in the coming years. With each passing year and SS drifts toward insolvency on paper, that possibility increases.
Medicare happens at 65. As I remember 6 years ago, I had to take it.
As I understand it, you must sign up for Medicare at 65 years of age. When you trigger Social Security has nothing to do with signing up for Medicare. In fact, if you sign up for SS before age 65, you'll automatically get signed up for Medicare when you turn 65. Folks here will correct me I'm sure if I'm wrong, but this is how I understand it.
I took mine at 62.5, not knowing how long I will live.
How long will you live? If you plan on living a long time - wait.
If you are obese, you smoke and drink, have a poor family history, and are generally not in good health now? Take Social Security as soon as possible.
Yeah, I had to hassle with SS for 3 years until I hit 67 about how much I was making and taking out of my 401k. All good now. I still have to fight with the VA about my income though. Oddly, I don’t remember me putting any limitations on the US Navy back in ‘67 about what they could and couldn’t do to me or with me. Weird huh?
Kind of a moot argument to me and my generation since I doubt we’ll ever see a penny of it by the time we could quality. Of course that won’t stop the government from forcing us to pay in to this scam :S
But it’s in a lockbox!
Algore told us so!...................
Same here.
At 66, my SS will be around $2500 a month and, coupled with my wife’s $900, and no income tax on that, we can live pretty comfortably in rural KY. Our goal is to pay off the mortgage and all other expenses before I quit my job.
Wondering if you turn 66 and are eligible to collect SS and are still working and have healthcare, are you required to take Medicare.
Why?...................
I had a choice between getting a bit more from SS if I retired at 66 or 70, or retiring now at 56. No contest.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.