For those of us at or approaching retirement

Discussion in 'New Roundtable' started by Winston1, Jun 28, 2019.

  1. Winston1

    Winston1 Veteran Member

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    As we figure a way to have enough to last through retirement how we take Social Security is part of the equation.
    Americans are losing trillions claiming social security at the wrong time
    Most retirees should wait longer to access their benefits, researchers find. Some should claim them sooner.

    Read in Bloomberg: https://apple.news/ArGgzCD-KRCaThs5HJRZsXg
     
  2. el005639

    el005639 Founding Member

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    I turn 67 in 2037, they expect the trust fund to be depleted by 2035. By then the liberals will have gave away everything to illeagls and welfare moms, so i expect no help from uncle sam.
     
  3. Winston1

    Winston1 Veteran Member

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    I know what you mean. I’m 70 in 2022 so I’ve got some expectations of getting much of what I’m owed.
     
  4. KyleK

    KyleK Who, me? Staff Member

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    I have been buying rental properties like crazy. My goal is to have 20 paid off by the time that I retire. Right now I have 10 that are paid off, so I am half way. At 58, I have to really bust ass to get there in the next 10 years, but I think it is doable. I don't count on SS doing anything for me.
     
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  5. CalcoTiger

    CalcoTiger Live Long and Prosper IVI

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    I think I will collect as soon as I can because to be honest I am not going to live that much into retirement due to health issues.

    Might as well collect what I can.
     
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  6. lsutiga

    lsutiga TF Pubic Relations

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    Dude, with 20 rentals, you’ll never retire. :D
     
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  7. KyleK

    KyleK Who, me? Staff Member

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    Nah, I pay people to maintain them.
     
  8. Bengal B

    Bengal B Founding Member

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    Who manages them? They could rob you blind.
     
  9. KyleK

    KyleK Who, me? Staff Member

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    My employees
     
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  10. Bengal B

    Bengal B Founding Member

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    You ever do wholesaling? Where you get a property under contract without using your own money and walk away from closing with a check.
     

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