I'll try again on this ...
Begin forwarded message:
> From: Wester Potter <wester6935@comcast.net>
> Date: January 19, 2006 12:37:45 PM MST
> To: Dick J <lsr_man@yahoo.com>, list LSR <land-speed@autox.team.net>
> Subject: Re: Social Security Non LSR but Important/ 2nd opinion
>
> Another little discussed item ...
>
> If, like me, you got started late and qualify for Social Security
> before your kid/kids turn eighteen there's another bonus. Five
> hundred dollars a month until they turn eighteen.
>
> I found this out while my youngest was sixteen. Covered the purchase
> price of a used car, the insurance and gas. Had I known earlier we
> could have bought a new car for her (or us) on my Social Security.
>
> Hugh Coltharp, the USFRA Treasurer and a VERY bright, former stock
> broker, is up on all of this stuff. He says to take your Social
> Security as soon as you can. His comment is "Tell me how long you are
> going to live and I'll tell you how long to wait to file for
> benefits".
>
> Wes
>
> On Jan 19, 2006, at 11:26 AM, Dick J wrote:
>> I'll be damned if I'll let the government screw me, so I guess the
>> upside is this is that I'm now going to live that long, if for no
>> other reason than to put the screws to the government! I'll show
>> them!
>>
>> Bottom line, because of the significant increase in life
>> expenctancy, you are probably better to start drawing SS the first
>> day beyond age sixty two that you stop drawing wages. Waiting to
>> earn a slightly bigger monthly pension will not net you more total
>> dollars unless you live way longer than expected. You'll lose money
>> if you die sooner - - - like could be caused by failed parachutes,
>> broken spindles, locked up spider gears, nitrous explosions, or other
>> common maladies of old age.
>>
>> Dick
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