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Re: Social security? [Re: nate] #6986732
09/09/20 08:39 PM
09/09/20 08:39 PM
Joined: Mar 2008
Posts: 6,036
n.e, iowa
C
coonman220 Offline
trapper
coonman220  Offline
trapper
C

Joined: Mar 2008
Posts: 6,036
n.e, iowa
I call soacil security awhile back, I plan on early retirement in 2 years, an working part time, at least that plan, about $1000 month after taxes. Was told can make up to $18,000 a year before effects soacil security. Every $2, they take $ off ur soacil security. Not lot money. Gonna have work probly ,15-20 hrs week or whatever , but if things don't change much. Retire 62

Re: Social security? [Re: ebsurveyor] #6986798
09/09/20 09:51 PM
09/09/20 09:51 PM
Joined: May 2010
Posts: 11,060
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
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Joined: May 2010
Posts: 11,060
MN
Originally Posted by ebsurveyor
Originally Posted by Steven 49er
Social security can not be drawn until you are 62.

A 401k or IRA can be drawn at 59.5


It's amazing to me how few people understand whatever retirement system they are in. A little time with GOOGLE and they could learn something.



My goal is to retire in 10 years, in all practicality it will probably be 15. I've been running figures in my head for awhile lol.


"Gold is money, everything else is just credit" JP Morgan
Re: Social security? [Re: coonman220] #6986799
09/09/20 09:55 PM
09/09/20 09:55 PM
Joined: May 2010
Posts: 11,060
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 11,060
MN
Originally Posted by coonman220
I call soacil security awhile back, I plan on early retirement in 2 years, an working part time, at least that plan, about $1000 month after taxes. Was told can make up to $18,000 a year before effects soacil security. Every $2, they take $ off ur soacil security. Not lot money. Gonna have work probly ,15-20 hrs week or whatever , but if things don't change much. Retire 62


Your social security benefit will be $1000 a month after taxes? If so you should consider working until full retirement age dave.


"Gold is money, everything else is just credit" JP Morgan
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