Officially retired

BamaakII · November 2019

Like I posted a month or so ago, I got laid off after 24 years at the same job. Not been getting a lot of hits on applications. I suspect its ageism since I'm well qualified for most I apply for. But my resume goes back to the 70s so its obvious I'm no spring chicken. Well poking around today looking for how much I can collect on my deceased wife's SSI, I discovered the widowed can collect beginning at age 60. So I call SSI to try and find out how much it would be figuring not much at 60. She tells me 1820 bucks a month. Well hell I can live on that a few years and then switch it over to mine which will be over 2200 a month. So I'm going to take it. That will leave my 401k and savings intact which I was going to have to tap into in 6 months or so when severance ran out. I can still work PT and make 18k without penalty. So I think I'm officially retired. Think I'll get a job at a gun store.

Linefinder · November 2019

Sounds like a plan!

Mike

Zee · November 2019

Enjoy.

Gene L · November 2019

Check on it, but I don't think you can draw SS and work at the same time until you're older than 66.

jbp-ohio · November 2019

Gene L said:

Check on it, but I don't think you can draw SS and work at the same time until you're older than 66.

He's drawing SSI, not SS......

Make_My_Day · November 2019

I hope it works out for you.

Spk · November 2019

BamaakII said:

...
Think I'll get a job at a gun store.

You do realize that you'll be obligated to speak ballistic gibberish, recommend small pocket revolvers to everybody including grannys and engage in conspiracies at the drop of a hat.

Just don't become this guy.

The bewbs are not a good look on a dude.

jbohio · November 2019

Good for you! Enjoy.

Jayhawker · November 2019

Congratulations...As of today, every day is Saturday...except for those Saturdays when the bank and the post office are closed...

BamaakII · November 2019

Gene L said:

Check on it, but I don't think you can draw SS and work at the same time until you're older than 66.

Lady I talked to said I could. She said I could make 18,240.00 dollars without penalty. She brought it up Not me. But I'll check again.

Gila · November 2019

Gene L said:

Check on it, but I don't think you can draw SS and work at the same time until you're older than 66.

Yup; I started drawing full SS at age 66, and didn't retire until I was almost 69. Because I was grandfathered in, I could have kept working on working as long as I met the requirements of the job, but I didn't need any more money than what I was going to get, so I hung up my hat.

Diver43 · November 2019

Enjoy, I am getting close myself 2021 and I will join you

JerryBobCo · November 2019

Hope it works out for you. I started drawing SS shortly after turning 62. I did the math, and realized the difference in overall income from SS if I waited until 66 wasn't worth it.

Good luck.