Saturday, April 21, 2012 - 5:03 AM

How To Beat Government Bonds — Using Social Security

The same math that is driving Social Security costs higher can provide fat returns for people approaching retirement. All you need is a way to make ends meet while delaying the start of Social Security benefits from age 62 to as late as 70.

KenBDG5,153 posts since
Nov 29, 2009
Rep Points: 117,134

1. Saturday, April 21, 2012 - 7:56 AM

And just hope that you don't die single before you start collecting benefits! I intend to start collecting Social Security as soon as the law will let my grubby little hands at it!

Wil183 posts since
Feb 26, 2010
Rep Points: 934

2. Saturday, April 21, 2012 - 10:19 AM

Easier said than done for many.

Maecl59 posts since
Jul 6, 2010
Rep Points: 465

3. Saturday, April 21, 2012 - 1:31 PM

I started my social Security at the earliest opportunity. I don't trust any politicians or bureaucrats these days regarding keeping any program even remotely solvent. Besides, I need the income to make-up for the crappy yields that Bernanke has instilled by private corporate edict on this country's deposit accounts.

Shorebreak1,316 posts since
Apr 6, 2010
Rep Points: 4,984

4. Saturday, April 21, 2012 - 1:59 PM

I plan to collect it as soon as eligible for exactly the same reasons. All the retirement planning seminars keep emphasizing the benefits of delaying, but I weigh their arguments against my concerns for the ongoing solvency of the program and the odds that our elected officials will exercise some restraint and keep their hands off the money.

As the saying goes, "A bird in the hand beats two in the bush".

pearlbrown1,036 posts since
Nov 2, 2010
Rep Points: 3,987