My advice is: work as long as you can. The longer you work, the more retirement benefits you receive in terms of pension & social security. You want the MAXIMUM amount of pension & social security in order to live a half-way decent socioeconomic life. It is best to work until you are at least 75, preferably above, to get the maximum of your pension & social security.
It is UNWISE to retire early because you will only receive the minimum allotted amount of your pension. If you retire early(55 years of age), you will not be able to receive your social security payments until you are 62 years of age which will also be minimum. The LONGER you wait for retirement, THE BETTER for all involved. Also, it is also best to have some annuities & investments. Pension & social security are not enough for a decent socioeconomic living standard.
by Kieron Walker3 years ago
When is the best time to retire?
by Petra Vlah5 years ago
Through our working years we all paid for Social Security and Medicare, so why are they considered entitlements when in fact we contributed our own money into the system?
by Ralph Deeds5 years ago
http://www.nytimes.com/2013/03/31/opini … ef=opinionSocial Security, Present and FutureBy THE EDITORIAL BOARDPublished: March 30, 2013 6 Comments"In the fight over the federal budget deficit, Social Security...
by Patty Inglish8 years ago
What are the implications for Americans if the Social Security system is eliminated?
by LAURENS WRIGHT24 months ago
If the Social Security fund is running out, what are your plans for retirement ?The Social Security Fund is suppose to run out in 2030 and a reduction of 20 % in 2016.
by PR Morgan6 years ago
Do you think Social Security will be around when your grandkids retire?
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