Retirement

Well, I’m officially Social Securitated. I turned 62 in September and decided to put in for my benefits. At first I thought I would have it start in January so I could avoid the hassle of figuring out the income tax complications. But as I turned it over in my mind I realized this would amount to a sizable chunk of change. I do get slightly less than if I waited till January, about $13 per month. However, two full payments right now would mean that it would take over 14 years to break even at the higher rate.

For right now we are going to try and sock most of it away for later.

I still plan to make some sculptures. I don’t think I make enough from that to jeopardize my benefits at all. But if I’m getting close, I can just not sell some for a while.

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7 Responses to Retirement

  1. Jeff K. says:

    Yer gonna like that check on the second Wednesday of every month!

  2. Diane says:

    Wo, social security, soon new knees. What a guy. I get along just fine! You will too.

  3. doug says:

    Glad to hear you are Securitated. It does make sense to start it up right away. Will your sculptures now have a new feeling of freedom and wild abandon?

  4. Sue says:

    Welcome to our world! Securitation is wonderful because nothing stops the checks.

  5. Linda says:

    You are now officially an “Old Fart”. Congrats!!

  6. Mum says:

    makes me feel positively ancient

  7. Doo says:

    We have been old for some time now. It’s great!

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