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The Water Cooler
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Well, I finally done it - Social Security, it ain't social, and it ain't security.
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<blockquote data-quote="dennishoddy" data-source="post: 3760153" data-attributes="member: 5412"><p>Exactly. When I was approaching 62, there was a pretty good nest egg and I started interviewing financial folks to see what they offered and how much of a cut they got. </p><p>Most of the retirement type financial folks tried to baffle me with all the lingo to show how cool they were or something in the financial world. Those got blown off pretty quickly. </p><p>Finally one guy broke it down so clearly that he got my business. My wife who was an accountant all of her career was impressed how well he spelled out how my nest egg would be managed that she went with him when she retired three years later after monitoring my account.</p><p>He also stated that I would be a fool to not start SS at 62 for the very reasons you stated, and If I waited until 70 yrs old to start SS, I would be almost 90 before realizing any gain.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3760153, member: 5412"] Exactly. When I was approaching 62, there was a pretty good nest egg and I started interviewing financial folks to see what they offered and how much of a cut they got. Most of the retirement type financial folks tried to baffle me with all the lingo to show how cool they were or something in the financial world. Those got blown off pretty quickly. Finally one guy broke it down so clearly that he got my business. My wife who was an accountant all of her career was impressed how well he spelled out how my nest egg would be managed that she went with him when she retired three years later after monitoring my account. He also stated that I would be a fool to not start SS at 62 for the very reasons you stated, and If I waited until 70 yrs old to start SS, I would be almost 90 before realizing any gain. [/QUOTE]
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The Water Cooler
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Well, I finally done it - Social Security, it ain't social, and it ain't security.
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