How do we able to get our retirement earlier?
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.
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When is the best time to retire?
When is the best time to retire?
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Are Social Security and Medicare entitlements?
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?
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What should be done about Social Security?
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...
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What are the implications for Americans if the Social Security system is elimina
What are the implications for Americans if the Social Security system is eliminated?
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If the Social Security fund is running out, what are your plans for retirement ?
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.
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Do you think Social Security will be around when your grandkids retire?
Do you think Social Security will be around when your grandkids retire?