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    WHICH IS BEST RETIRE AT 62 OR LATER ON S.S.

    WHICH WOULD BE THE BEST RETIRE EARLY AT 62 OR WAIT UNTIL LATER WHAT WOULD YOU DO RETIRE EARLY OR TAKE A CHANCE ON HAVE MORE LATER KNOWING THAT THIS ECONOMY CAN CHANGE ALMOST OVERNIGHT.

    +1  Views: 1910 Answers: 10 Posted: 7 years ago

    10 Answers

    Work until you're "tired" of it .... then "retire". If you wait until your full retirement age, the extra you get will take many years to make up for what you would have received if you had retired at 62. However, if you like your job, keep working.

    62 is the way to go. Enough is enough (work that is). The couple of extra bucks your going to get at 65 isn't worth it. Enjoy whats left of your life.

    Retire early while you got some livin left to do.

    I believe you get more money from social security if you wait until later but I'm not completely sure about that.

    Colleen

    Moderator

    I'd take it now. 10 years from now, there may not be any money in the coffers.

    ole hipster

    That is right though the age of the person is a factor in the government being "able" to give you your social security. (:

    I'm 62, my wife as well. We own a business that does well,our house is paid and virtually no bills.Were not physically tired of work just sick and tired. We are thinking of selling and retiring but damn, I'm afraid.

    Ask not what my country can do for me,rather ask what can I do for my country. Work as long as you feel you are able to contribute . I started at age 14 and retired at 69 and do not regret. If you feel you have a right to "free load" well that is your choice.

    **I retired at 55 last July.


    I absolutely LOVE IT. **

    If U retire at the 62 U will get the minimum allowed, and most people do this. If U can afford to retire at a later date than u will receive full benefits. Personally I think it is best and start collecting $$ the earliest U can. After all 4 years U have paid in and it is time to collect!

    gary

    you can still collect and add to your SS if you take part-time job after retirement. I did and collect both pension and SS.

    sorry about the msg being cut off as i was saying i made 12&1/2 thou so with my penison,part time job &soc sec cks well you add it up its great i did'nt want to wait until i was to old to enjoy life so what i'm trying to say if you could afford to retire early do it you will not get that much more on your soc.sec cks or penison cks if you work 2-3 more yrs just make sure you do all the math before you do retire good luck :)

    i retire at 60&1/2 oh first i live in calif a union state i was a member of the retails clerks union for 30yrs so i have a penison plus all med.covage until the age of 65 then of course med.care kicks in you can't collect soc.sec. until the age of 62 so i got a part time job which i ended up making more money per month then when i was working 40 to 50 hrs per week then when i reach the 62 i started to collect soc sec which i found out that i could still work BUT i could'nt make more then 14,000.00 a year that was great cuz i made



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