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In reply to the discussion: So correct me if I am wrong - but Social Security recipients have already [View all]truedelphi
(32,324 posts)30. Unfortunately, many people, especiallywomen,
Find themselves living far longer than even the best financial planner had planned for.
It is very sad to try and imagine what happens to someone who is forced to go into retirement at 62, and then they live to 92.
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So correct me if I am wrong - but Social Security recipients have already [View all]
truedelphi
Dec 2012
OP
kr. There have been a string of benefit reductions, such as making benefits taxable under
HiPointDem
Dec 2012
#4
Yep, and if your spouse is still working, your piddly benefit now gets taxed at the rate of
Flatulo
Dec 2012
#14
That totally depends on what year you were born. I thought I needed mine at 62. It is 50% of what I
judesedit
Dec 2012
#11
Most people nearing retirement have nowhere near the cash reserves to live with no income for years.
Flatulo
Dec 2012
#15
The 1983 Social Security Amendments built in a sliding scale based on birth-year....
OldDem2012
Dec 2012
#22
And it's interesting that members of congress receiving pensions can start getting them at 62. n/t
bluethruandthru
Dec 2012
#23