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The Water Cooler
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Signing Up For Social Security
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<blockquote data-quote="dennishoddy" data-source="post: 3943522" data-attributes="member: 5412"><p>The only thing one needs to consider retirement at 62 is your health insurance to carry you over until 65 when Medicare kicks in. Obamacare will put a serious dent in your SS if you don’t have a pension, retirement 401K or investments. </p><p>Wife had to pay $1100 a month for a policy that had a $10,000 deductible. Cheapest one available at our income level. </p><p>There are adjustments in obamacare dependent on your income though. </p><p>You can’t keep your plan and you can’t keep your doctor like that lying SOB obummer said many times when you retire. </p><p>Definitely take the money at 62. It doesn’t take much pencil lead to sit down and calculate how much money overall you will be ahead vs waiting until 70.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3943522, member: 5412"] The only thing one needs to consider retirement at 62 is your health insurance to carry you over until 65 when Medicare kicks in. Obamacare will put a serious dent in your SS if you don’t have a pension, retirement 401K or investments. Wife had to pay $1100 a month for a policy that had a $10,000 deductible. Cheapest one available at our income level. There are adjustments in obamacare dependent on your income though. You can’t keep your plan and you can’t keep your doctor like that lying SOB obummer said many times when you retire. Definitely take the money at 62. It doesn’t take much pencil lead to sit down and calculate how much money overall you will be ahead vs waiting until 70. [/QUOTE]
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