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In reply to the discussion: I am almost 50 years old. i have been paying into Social Security since days after turning 14 [View all]RebelOne
(30,947 posts)I would still be working now if I hadn't been laid off in 2010. I was not laid off because of my age. The company was losing money because of loss of advertisers. I was copy editor for 30 outdoors magazines. We had publications in most of the states. First, they eliminated some of the state magazines. Then they started laying off employees. I was given a nice severance package.
Fortunately, I had already been collecting SS. That along with my salary was a goodly sum. I had wanted to continue working so that I could get more money into my 401K. But I was forced into retirement as I knew no one would hire me at my age.
So I had to rely solely on SS. It is not easy, but I am doing it since I do not have high monthly costs. I own my car. I live in and own a mobile home on which I only pay a lot rent. I do not have any credit cards.