For Those Who Are Retired

[Foggy47]

The old saw the financial planners use when asked about when to take SS payments is: "If you can tell me when your going to die....I can tell you when to begin receiving your SS."

I took mine as soon as I was eligible. Not sure what is right or wrong....as said above....but a bird in the hand is worth two in the bush.

 

[hunts_with_stick]

That's my hope as well Foggy.

 

[Foggy47]

That's my hope as well Foggy.

Good luck....retirement is great if you have planned well. As the sign on our outdoor fireplace says....."If you'r lucky enough to live at the lake....your lucky enough". We have been blessed.

 

[bwoods11]

That’s such a tough decision, I’m going to lean on waiting… depends on how long I work ? I think I have 10 yrs left ?

 

[Foggy47]

That’s such a tough decision, I’m going to lean on waiting… depends on how long I work ? I think I have 10 yrs left ?

Gotta say.....at most times I Loved my work and thought I would work until I tipped over. I met great people on a daily basis and worked alongside many of the best folks I have ever known. I really loved creating new products and finding new solutions to old issues. It was what I was made to do....and I feel I was good at it.

Still, in my case, I was quickly getting myself in...way over my head and especially I was spread way too thin. I had burned out a few times....and it was hard for me to recover at times. I needed some good people that could carry part of the load. I was unable to hire the right people to grow with me....and perform on what it takes to run a biz like mine. I hired a few that could not carry the weight.

So....finally, when I got some very attractive offers .....I had little choice but to sell.....or burn-out, yet again. I am happy with my decision....I got paid "enough" made sure my employees had a fair shake....and a variety of other requirements for my sale.....and our retirement has been great. I think everyone needs to decide this for himself. I admit...it was a tough decision for me....and my wife too. She was also at the top of her career and enjoyed and was great at what she did. At the time....we wondered if we had "enough" to retire at about 55 years old. We did.

Looking back....with 20/20 hindsight...it was absolutely the right thing for us....and our family. (even tho those dumb SOB's butchered some of my product line by their inept idiots....grin).

 

[Bill]

The old saw the financial planners use when asked about when to take SS payments is: "If you can tell me when your going to die....I can tell you when to begin receiving your SS."

I took mine as soon as I was eligible. Not sure what is right or wrong....as said above....but a bird in the hand is worth two in the bush.

I’m with you foggy. Going to take it as soon as I can. Within a year or 2. Might as well get what I can before a truck hits me….or something else unforeseen comes along.

But like you I would be ok even without it. So that helps in the decision.

 

[Foggy47]

I’m with you foggy. Going to take it as soon as I can. Within a year or 2. Might as well get what I can before a truck hits me….or something else unforeseen comes along.

But like you I would be ok even without it. So that helps in the decision.

Right on. I do not "need it" but I sure as hell paid for it. Take what is yours....I say. Nobody know's what the future holds. My 2 cents.

(BTW.....Bill, I really appreciate getting to know your principles and beliefs better over these past years. You have all the stuff that America needs to stay on the right track..and we are finally on those tracks now. I appreciate all that you do. Not easy to tolerate a site like this. I know I would choke few guys....lol. Carry on my friend. )