londonfog
Well-Known Member
you draw ss ?
Donald Trump
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londonfog
Well-Known Member
right. 61-62 is not retirement age
Flaming Pie
Well-Known Member
You can start at 62. You just recieve less.
Source social security page download
If you live to the average life expectancy for
someone your age, you’ll receive about the same
amount in lifetime benefits. It doesn’t matter if
you choose to start receiving benefits at age 62,
full retirement age, age 70, or any age between.
The amount of your monthly benefit, however,
can differ considerably based on your retirement
age. You can get lower monthly payments for a
longer period of time or higher monthly payments
over a shorter period of time. The amount you
receive when you first get benefits sets the base
for the benefits you’ll get for the rest of your life.
You’ll get annual cost-of-living adjustments and,
depending on your work history, may receive
higher benefits if you continue to work.
The following chart provides an example of
how your monthly benefit can differ based on the
age you decide to start receiving benefits.
Monthly Benefit Amounts Differ Based on the
Age You Decide to Start Receiving Benefits
This example assumes a benefit of
$1,000 at a full retirement age of 66
$750 $800 $866 $933 $1,000 $1,080 $1,160 $1,240 $1,320
62 63 64 65 66 67 68 69 70
Age You Choose to Start Receiving Benefits
Monthly Benefit Amount
$0
$300
$600
$900
$1,200
$1,500
Let’s say your full retirement age is 66 and your
monthly benefit starting at that age is $1,000. If
you choose to start getting benefits at age 62, we’ll
reduce your monthly benefit 25 percent to $750 to
account for the longer period of time you receive
benefits. This decrease is usually permanent.
If you choose to delay getting benefits until age
70, you would increase your monthly benefit to
$1,320. This increase is from delayed retirement
credits you earn for your decision to postpone
receiving benefits past your full retirement
age. The benefit at age 70 in this example is 32
percent more than you would receive each month
if you had chosen to start getting benefits at full
retirement age.
Flaming Pie
Well-Known Member
Same page
When you reach your full retirement age, you
can work and earn as much as you want and still
get your full Social Security benefit payment.
If you’re younger than full retirement age and
if your earnings exceed certain dollar amounts,
some of your benefit payments during the year
will be withheld.
This doesn’t mean you must try to limit your
earnings. If we withhold some of your benefits
because you continue to work, we’ll pay you a
higher monthly benefit when you reach your full
retirement age. So, if you work and earn more
than the exempt amount, it won’t, on average,
decrease the total value of your lifetime benefits
from Social Security—and may increase them
When you reach your full retirement age, you
can work and earn as much as you want and still
get your full Social Security benefit payment.
If you’re younger than full retirement age and
if your earnings exceed certain dollar amounts,
some of your benefit payments during the year
will be withheld.
This doesn’t mean you must try to limit your
earnings. If we withhold some of your benefits
because you continue to work, we’ll pay you a
higher monthly benefit when you reach your full
retirement age. So, if you work and earn more
than the exempt amount, it won’t, on average,
decrease the total value of your lifetime benefits
from Social Security—and may increase them
Flaming Pie
Well-Known Member
It is a download from the social security webpage.
Flaming Pie
Well-Known Member
Because he thought that worked best for him.
Why are you so concerned with how people choose to spend money the government says they are able to use?
He isnt breaking any laws. Maybe he wanted to live a little better before his body started failing?
My grandfather died when he was 72 from alzheimers.
londonfog
Well-Known Member
let me go back and check something....
ok you can't draw SS at the age of 61. So now I'm back to how is Nitro drawing SS
Are you crying?
Flaming Pie
Well-Known Member
Ask him.
Flaming Pie
Well-Known Member
I thought his wife was the one collecting?
@nitro harley
How old were you when you chose to receive your benefits and how old was your wife when she chose to receive her benefits?
@nitro harley
How old were you when you chose to receive your benefits and how old was your wife when she chose to receive her benefits?
londonfog
Well-Known Member
Not at all. Just checking what people say. How parole treating you ? You not still snitching on your Northcal buddies I hope.
Fogdog
Well-Known Member
So, how do you feel about privatizing social security? In other words, you manage your own benefit through Wall Street and risk losing it through stock market gyrations. This is what the GOP wants to do. At first, Trump said he wouldn't. Now, he's saying he'd privatize SS for those younger than 45. A vote for Trump denies the next generation the benefit you so much love.
“I am a strong believer in bringing private models to both Medicare and Social Security,” he told the Des Moines Register. “People my age, we paid in we’re going to get this, people 55 and older probably ought to be sunsetted into these programs, the way they are, 45 to 55 there probably ought to be a chance to opt in or opt out. Below the age of 45, we need a new system. New systems for both. I think — deal with private accounts, put your money into those.”
https://theintercept.com/2016/05/16/donald-trumps-pledge-to-defend-spending-for-old-and-poor-belied-by-staff-picks/
If you showed as much concern for yourself as you do other people you might not be such a miserable person. It's fun to sit back and watch you cry, all day, every day. You often post all throughout the night, spun out on meth I assume. Your post history shows major butthurt.
I have no idea what "parole" is. If you were as half informed as you pretend to be you would know this already.
londonfog
Well-Known Member
I'm sorry convict for misusing the term parole, I should have said "supervised release". I didn't realize how sensitive you are about that. As you should know I come and go on RIU. My posting history shows this. Right now I'm here. HELLO
Can you get away and join me on a upcoming trip to Jamaica ? Have to see the wife's family .
nitro harley
Well-Known Member
Hey did you find someone to pat you on the back for your smartness? I feel great today, this might be the day I harvest my first pineapple. Its all golden and sweet smelling and looks ready to eat. I waited a year and a half for this day to come. Maybe I will make a blender drink later today. TRUMP!
nitro harley
Well-Known Member
No I don't, I make too much money. I have to wait a few more years. TRUMP!
nitro harley
Well-Known Member
My wife waited until she got the full amount at 70. She is a few years older than me. And seeing how my company is doing well I will have to wait until I am 65 and a half and thats a few years away for me.
I have no idea what "supervised release" is.
I can go anywhere I want. I certainly wouldn't go with the likes of you though. You're constant whining would ruin everything.
You get that motorcycle yet?
londonfog
Well-Known Member
Naw no bike. Wife hates them. Did go riding last week
Yeah you and I could never hang. Your ass would tell all that we did.
Hey does prison make you gay ? Just want to clear this up for Carson fans like @Flaming Pie
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