Retire on Social Security at 62? No 401K / Savings.

  • Published on Mar 12, 2018
  • Just some random thoughts on my impending retirement. Is Social Security enough to retire on? I discuss different ideas I plan to implement to help enjoy my retirement with just social security income. Becoming more self reliant and self sufficient.
    I plan on retiring at 62 with only my Social Security Income. I will work part time if needed, but I am practicing and learning the skills of homesteading to become more self sufficient. My wife will continue working and add me to her insurance while we wait on her age of retirement.
    Mailing Address:

Comments • 1 786

  • Mario Fiallos
    Mario Fiallos 3 days ago

    Thanks Joe, I'm 63and a half,all things that worries me, doesn't worries to you.

  • US Patriot
    US Patriot 3 days ago

    God help this country once the Boomers are gone, In time will be the Socialist states of America

  • johnnnoise
    johnnnoise 5 days ago

    what are you sitting on there, 5 acres? if it's a big spread how would you pay property taxes on nothing but SS? and what are you doing since you're too young for medicare?

  • Mark Schadler
    Mark Schadler 7 days ago

    You hit the nail on the head about your generation being the first to be in the zone between pensions and 401k's. You are also spot on with the need to reduce lifestyle in retirement to stretch the money. Even people with sizable investments need to do that. But you are missing one call your homestead (beautiful BTW) your "retirement plan" and mention that not everyone has the opportunity to have a 401k. This may be a solution for you, in rural America, with local work. But many people relocate, do moves with military or careers, and don't have the opportunity to settle down, buy a home young and work in the same area their whole lives or raise chickens and veggies (I'd love to). Some don't want have to go where the work is. Many people prefer to be in that situation and prefer to invest. A defined contribution plan is still the best mechanism for generating money short of starting a business or hitting the lottery. Paying off a house with, say, 4% interest is not a better plan than putting that money into an IRA or 401k generating interest at an average 6% (which has been the actual conservative average rate of return for the past 30 years). I knew a guy who cashed in his 401k, penalties and all, to pay off his double wide. But he'll be working till he's dead because he's only got social security now. Diversifying is, low debt or no debt, investments, pension if you can get one. No debt is good...making your money work harder for you is better.

  • Mike Jennings
    Mike Jennings 10 days ago


  • zed zardoz
    zed zardoz 17 days ago

    the most important thing is to have your house paid off when ya retire. I have a friend that is 59 and is still living in an apartment ?!?!?!?! what's he think is gonna happen in the future, ? the rent is gonna go up 50$ every year.

  • Mk Shffr
    Mk Shffr 17 days ago

    I won't be able to stop at 62 but I have a plan that I am working which should have all debt including house paid off by the time I am eligible for medicare. At that point I can sell the house and get a property down south away from major cities paying cash.
    By staying away from major cities land prices are lower but more important taxes are lower too. By growing and gathering (fishing/hunting) much of our own food costs are controlled and chemicals avoided.

  • Reuben Schiller
    Reuben Schiller 21 day ago

    We people can adjust to a moderate lifestyle for retirement. It’s the continuing robbing people on property TAX!! That is driving people out of their homes.

  • G Cal
    G Cal 22 days ago +1

    Starting my social security this year at 64.... Going to work part time... That's a lot better than full time ... That gives me 1040 hours a year of extra goof off time.... the way it figures out ...working part time + social security money comes out to about the same as working full time.... And that Should be fine... At least for a while.....

  • Esther De Souza
    Esther De Souza 24 days ago

    I like the way you think. You are a very wise man.🇨🇦

  • Pizza 4me
    Pizza 4me 25 days ago

    Only a very few people have a legitimate excuse to retire with no savings. No savings usually means you over spent during your working years. If a person can't be frugal and save during the working years, then they probably won't have the ability to be frugal during retirement on just social security.

  • Greg M
    Greg M 25 days ago

    So Joe...Have doubts about whether the S.S. admin will have to cut benefits by 25% by 2030-32? That's a pretty big deal buddy! And Your health? Well, You may be in good health now. But it's a certainty that eventually that cost is going skyrocket as You grow older, otherwise we would all be expecting to live indefinitely. So with our current health care system intact as it is, we ALL have ALOT to worry about. Now Joe..These things alone absolutely annihilate Your plans and expectations. I agree with You that the amount the interests are saying we need to retire is B.S. But You are purposely ignoring some facts You just don't want to think about. I'm sorry, but I'm just telling You like it is. I myself fit the same category as You and I know I'm screwed. It's actually much easier to look it in the face as it is rather than having to face it later. If You're in good health now, DON'T stop working and saving.

  • Steven Johnson
    Steven Johnson 27 days ago

    I am living in the same boat as this gentleman is. Very wise advice. It all depends on an individual's circumstances and are wise enough to live within their means. God Bless you Sir.

  • Mike Bondiskey
    Mike Bondiskey 29 days ago

    Thought-provoking video Joe. I had a conversation once with a friend that was one of those financial planners to which you referred. He summed up their mission ('their' being financial planners) as follows: . Sobering.

  • Tommy Laroze
    Tommy Laroze Month ago

    Hey Joe this video was taped one year ago. Have you retired yet?

  • tomj528
    tomj528 Month ago +1

    Seriously? You've got no retirement money or savings, you're retiring early, and you're whining about how others view you as a burden on society. Not to mention what are you going to do for health insurance until Medicare eligible at 65...let me guess, wing it and if you need care the rest of us end up paying for it. You can look forward to inflation slowly eating you alive. The real question is why you didn't save and invest over your entire working career, instead of selfishly spending every dime you ever earned. There's a good reason why boomers were dubbed "The me generation". If you wonder where all your money went look no further than down by your feet in the spend it on things like that drink, literally pissing it away over 47 years. You're doing what you can to live within social security but very foolish to lock in that lower amount and your spouse(?) will be the one to pay the price in lowered survivor's benefits. Of course you/she will rely on medicaid to pay for your final years shifting the burden of your bad financial decisions once again onto the rest of us. BTW, the money you "paid In" is nothing more than a tax and doesn't entitle you to anything.

    • tomj528
      tomj528 Month ago

      @St. Bernard Acres I missed the switching insurance part (phone rang) but I'm glad that you guys are going to have insurance for your own sake. Far too many think they can go without it, gambling and losing everything like their home and other property. Either way, you'd never be a burden to me as I don't pay any taxes thanks to our retirement contributions. My working days are long past and by the time I hit your age I'll be a tax free multimillionaire as I too live a simple life. Of course working part time isn't really retired, just changing jobs with fewer hours. I also know many people in their mid 90's including several of my own family. With long term care costs ballooning every year it's a real concern, especially for wives. If you actually look at the law and case law for social security, it's nothing but a tax and while I understand exactly how you feel, unfortunately it's not reality. You've got a plan and you should be more than fine in the near term, especially working part time but what happens if you/wife get a serious illness/injury and can no longer work? What if you live into your late 80's/90's? What if you/wife need long term care for several years thanks to a stroke or other life changing event like dementia? All very real concerns that perhaps you haven't considered or planned for.

    • St. Bernard Acres
      St. Bernard Acres  Month ago

      Seriously? You didn't watch the whole video? I switched over the insurance from my name to my wife's. She will be working 4 more years. Well past what I need to get me to 65. I have no debt, I own my house in Wheeling, I own St Bernard Acres, I own the cabin I am building, and I own the cars we drive. I make plenty of money to cover all my expenses and more. Why should I continue to work at a job that I don't need. For what? The difference in what I get now vs what I would get in 4-1/2 years is negligible. The $80,000 I am not going to get for the 54 months of waiting for an extra $350 will take an extra 19 years to make it up. I would have to live to 87 just to break even. SS is not a tax, even though it's used by the government as such. For 47 years, they collected interest off of all that money. It was intended to supplement my retirement. And that's exactly what it will do, as I enjoy myself and watch you go to work every day wondering what's going to happen to your money. I live a simple lifestyle. I have a $100,000 house paid for, a $90,000 piece of property paid for. Insurance, $1400 a month from SS, and the ability to earn another $18,000 per year working part time. I am averaging $400 a month from people like you watching my TVclip videos. So, explain to me where I am a burden to you.

  • macktruk13
    macktruk13 Month ago +1

    one significant illness and your lovely plan fall apart. This video is a slanted untested discussion of this guys hope stated as an actual scenario. Don't expect this to answer any actual questions. On the other hand I agree with his thoughts on the problems with government and corporate greediness with our money

    • St. Bernard Acres
      St. Bernard Acres  Month ago

      I agree that these are the best plans in my own situation. I am not planning for significant illness. I am planning how I can live and enjoy my life not as a slave to the system anymore. I will have ins through my wife until 65 and then Medicaid. I won't plan on getting sick or dying at a certain time. If I was smarter when I was younger, I might have done things differently. This is my beat scenario in my personal situation.

  • y0nd3r
    y0nd3r Month ago

    Who is it that you think is getting Social Security that doesn't deserve it?

  • Nancy Smith
    Nancy Smith Month ago

    Yea, don't be one of those widows whose husband died and left them a lot of money. Then because they are lonely get on the internet looking for love and get ripped off by the Nigerians. LOL Also, if you are going to retire early, do it soon. They are going to cut the amount you get, from 75% to 70%. Always trying to figure out a way not to pay the retirement.

  • bill burditzman
    bill burditzman Month ago +3

    Just curious, how are you planning on paying for health care until medicare kicks in? Insurance will probably eat almost all of your social security check. It's what is keeping me working.

    • St. Bernard Acres
      St. Bernard Acres  Month ago

      I am fortunate to have a wife who is still working. I am on hers until she retires. I will be 65 then.

  • James California
    James California Month ago

    👌This guy is the real deal. Best wishes to everyone ... 🍀

  • Danny Drew
    Danny Drew Month ago +1

    Enjoyed your talk Joe as a fellow retiree.

  • timeriderx
    timeriderx Month ago +1

    If I told ya'll what I get in SS, you would have a real good laff! I took it at 62 and it's a joke! A joke on me cause most employers never took out taxes as they paid me out of petty cash etc etc etc.
    Oh well 13% was not coming out of my meager checks! 12 years off the books! Oh well so what! Maybe I'll go back part time but maybe not! Scrounging around is more fun or maybe I'll ship out till I drop over dead...LOL Enjoy life while you can.

    • James California
      James California Month ago

      People you meet will help you out as needed ... 👍

  • Rockford John
    Rockford John Month ago +1

    Smart man.

  • James Wisrik
    James Wisrik Month ago

    Corp BAILOUTS, socialist welfare 1% wealthy get more WELFARE than Americans on Welfare. Cut military spending, increase taxes on everyone.... It will hurt originally. But, living with huge debt and huge deficit will hurt for generations.

  • James Wisrik
    James Wisrik Month ago

    They also have expensive cell phone,cable, cars! A bigger mortgage all to impress their friend. Being realistic is hard for 90% of AMERICANS.

  • John Dalzell
    John Dalzell Month ago

    I took mine at 62 but had to give it back because I got a decent job for a while. I'm retired now at 64 (the job bumped SS up $100).

  • Darkwell0071
    Darkwell0071 Month ago

    You don’t retire work with more time off starting at 55. Then retire at 65 but keep working. So from55 you are working less rotating less work with work.

    SANDRA TAYLOR Month ago

    I too retired at 62, moved in with my daughter and her family, my car is paid for, have 2 bills and no insurance. I have a Doctor that works with me and I get my medications at Wal-Mart. I've cut out a lot of unnecessary things but by no means do I do without the necessities of life. It can be done. I'm with you in that retire while you can enjoy it.

  • Yahweh'sWarrior
    Yahweh'sWarrior Month ago

    Spot on. Unfortunately, many people can't change their spending ways. They feel the need to "maintain" their lifestyle despite having a lower income every month, compared to when they were still working full time. Since my divorce several years ago, I've rented and will continue doing that. $500/month for a 2 bedroom home with low utility payments in a very affordable cost of living area in the Midwest. Will file at 62 next April, but continue working for several years and bank the checks I receive during that time. I'm self-employed with a seasonal job that gives me the winter off. I enjoy what I do and am healthy and workout 5 days a week. Have never had health insurance, have never been sick or had any health problems. No surgeries, no meds, no heart disease or cancer in my family. If I get something serious, I will battle it naturally and holistically and if that's not enough, I'll gladly go to see my Creator for the next chapter of this life. He has blessed me with a strong heart, strong mind & strong soul and I will continue to rely on Him only. The ways of man are futile. He deceives us and lies to us and drain us of our life blood all in the name of consumerism and materialistic wants and false propaganda to distract us from the true reason of our being and where we came from and where we're going. Live simply, love deeply and praise Yahweh for all your blessings and He will fill your cup to overflowing. Money and power, wealth and status are not what's important, in this life or the next.

  • Giorge Leedy's English Mastery

    At 55-years-old, I moved overseas to the Philippines to prepare to retire at 62. Being broke at the time, I was desperate to carve out a good future for myself based on retiring on just social security retirement income. I had done a lot of research before moving to see where the cheapest place to live was. At that time, the lowest cost of living was $550/month to live in Vietnam. So you can imagine my surprise when I found out after moving here that it was much cheaper living here. Living here in the Philippine countryside, my cost of living is only $200/month or $2,400/year. I support myself teaching English online to the Chinese. It doesn't pay a lot, but it pays the bills and I am saving about $5000 a year, which is more than I was ever able to save living in the United States. Living overseas requires doing some research and being extra cautious as it is a different world with different rules. Also the United States makes it virtually impossible for Americans to do banking overseas, so one has to put up with some inconveniences. But with proper planning and safety precautions, one can safely retire here and live very comfortably on very little money. In hindsight, I am probably not going to NEED to retire at 62. At this point, I am only preparing to do so if I have to. As I am 57 and at this rate, at 62, I will have saved at least $30,000. That is enough to survive for over 12 years here. Which means I will not need to start collecting social security retirement till I am 74. I think a person can create a similar scenario in the United States. The key is to lower one's cost of living. If you can lower your monthly cost of living/total expenses to under $300/month (and you have a job/income) you should be able to do exactly what I am doing. The KEY is to lower your cost of living/expenses. 🌴😍🌴

  • Comic mike silver age Adams

    I worked 4 years with heart failure just to get debt free. Now I live within my means and I love it. Happy retirement!!

  • Ladyserenityful
    Ladyserenityful Month ago

    Just some facts...1983-1988 Reagan borrows $300 billion from Social Security to pay the interest on the national debt. Then 1989-1993 Bush takes $350 billion from the Social Security trust fund and replaces it with IOU's. Clinton borrows billions from pensions and Social Security to avoid defaulting on interest payments. November 2004 The government runs out of cash again. Bush ups the debt limit by $800 billion. By 2005, the federal government has spent every penny of the Social Security "trust fund".
    And I was told when I went to work at age 15 that I was working to pay for the elderly before me and for myself. I have worked for years sometimes 16 hour days. After years there was a large surplus of money in there that would have taken care of the generation before me and myself and my children but the crooks at the top and their crook banker friends have ripped it off. I think we should take it out of their pay to pay it all back. I heard a deal where one of the Bushes said that if we all knew what they had done to us we would hang them. That must be bad if they are saying it. I just want them to pay it back. And it is okay to call medicare an entitlement,we are entitled to it we paid for it. And now after all these years they still take out $130.00 a month from my mothers SSI check for the medicare part we are still paying for it. And she pays $42.00 a month for the RX part. Plus, now Medicare is not covering all her blood test that have been ordered by her doctor, and so because they will not cover them her secondary insurance will not cover them. They make her sign a paper at the lab saying she is refusing the test or she has to pay hundreds for the test. She pays $242.00 a month for her secondary insurance. So when I run into a young person who tells me in a very nasty tone for her to enjoy her check because they are paying for it I get upset because they have no understanding. Also, about 8 years ago Obama said that anyone who was 50 years old or already on Social security disability would be okay but everyone else would not. I am leaning on God Almighty to care for me. For years every-time we turned around they were upping the retirement age. It got to the point where my brother and I would joke at work about how we would be coming to work with our walkers with tennis balls on the ends and our geriatric socks going up our legs. So what if it took us an hour to reach our desk and 3 hours in the bathroom we still could not leave the job. We were on the retire when you expire plan. Now let us add to these facts that they are giving it away to people who have never worked in this country. The whole thing is sad. It makes me madder than a wet hen.
    New update: They just came out and said that they want to up the retirement age again. They say that in the beginning people retired at 65 and died by the time they were 67 so it was not a problem. So we paid in for years to get 2 years or less of benefits. And they keep all the extras plus interest made off of it. I could be wrong but it sounds like it was always a scam. We would do better to do a side savings that makes interest and retire when we were ready or needed to our selfs.

  • Jerry Reynolds
    Jerry Reynolds Month ago

    Spot on 👍

  • Judy, Judy, Judy
    Judy, Judy, Judy Month ago

    Oh no your not crazy. On any paperwork they call Social Security "unearned income"!!!! That is because starting with Ronald Reagan (his idea) they started spending our S.S. taken from our checks instead of investing it as they used to!!!. They were going to pay it back!!! Ya right!!! I know what they are going to do, they are going to start putting us to sleep. This whole hype about being kind & letting "old folks" go, it's the kind thing to do!!!!! They are conditioning us!!!! My Mother cried when her father died. Now we have been conditioned to "be brave". So I was strong when my parents passed away! My kids don't come & see me now, they won't even be there for me when it's my time to go! Tell me JOE, how are you doing now?????????

  • Judy, Judy, Judy
    Judy, Judy, Judy Month ago

    A whole lot of people have died before getting to retire, look at the obits in the paper if you want proof! One of the biggest drains on society is the fraudulent people drawing from SSI for being unable to work because of their health! Bull to (some) them! Some of them draw more money than I do & I worked 35 yrs.. I do have a house payment to make, but I live frugal! I retired at 62 also thinking my Brother & Sister both died in their 50ies! & I just decided to go early!!! Neither my Brother or Sister drew SSI, they both worked until they couldn't any more! My Brother saved enough & he also worked for Bendix, one of the last good companies to work for! My Sister worked even when her heart was so bad the co. she worked for made her sign a paper saying IF SHE DIED they would not be held responsible! Everything this man says is so true! Learn to be a minimalist & enjoy it!!!

  • Christine Woodruff
    Christine Woodruff Month ago

    SS is a scam anyway, Gov't telling you your too stupid to manage your own earnings, so we will do it for you, shame on you FDR.

  • Jar Jar Fink
    Jar Jar Fink Month ago

    Living in a shed off $1,000 a month as an elderly...the American Dream!!

  • steve gallagher
    steve gallagher Month ago

    Even if you don't needed the money..... take it at 62 and reinvest it a safe cd.

  • German Camacho
    German Camacho Month ago

    You are very wise man I retired at the aged 62 I am now 73 11 years of retirement I own my own home worth 1 million today market , my pension is 1600.00 a month and another investment home same value 1 millón , I work work for 40 years , I had my business for 25 years and all I did was to get out of my first mortgage and paid it in 11 years 250.000
    My second home bought it 1997 and I finish next month January 2020, I never paid interest in credit card,instead used the bank money, and paid my bills on time , I live debt free
    I get one vacation a year and that is enough for me , I don’t need to work anymore I own my time every minute, good luck enjoy your life cheers

    • St. Bernard Acres
      St. Bernard Acres  Month ago

      +German Camacho You are more wise than I. I never planned for the future. Just lived in the day.

  • Brian R
    Brian R Month ago

    Your so right about the liberal fuks destroying our Country. 🇺🇸

  • Daniel Sloan
    Daniel Sloan Month ago

    I am a Vietnam vet I am 66 years old still working full time I have no 401(K) IRA because are part of the Government if and when everything collapses the Government will seize it.

  • Owen Riggs
    Owen Riggs Month ago

    Life’s certainly a gamble. I guess it boils down to your individual choice. Best of luck. I saved enough to retire at 62 and fund my gap to 66, so I can then collect full benefits.

  • marco romero
    marco romero Month ago +2

    God Bless you Joe
    Fine American 🇱🇷

  • Del Mar Apartments
    Del Mar Apartments Month ago

    Invest in Real Estate. The stock market is a scam.

  • Robert Lulek
    Robert Lulek Month ago

    What happens if you have a much younger spouse.and let's say you live only a couple years past 70 you've taken the full amount does your wife get the larger amount??

  • lesh asf
    lesh asf Month ago +1

    I love your presentation, it's convincing

  • Curts Review 2020
    Curts Review 2020 Month ago

    I thought it was 65 Retirement age?

  • Life Is Good
    Life Is Good Month ago

    Great vid brother, but it’s time that social security and minimum wage be raised current to the today’s cost of Walmart, rent, greedy cell phone and power companies and other things....we all can’t live off the grid and prep like you do, so we really need a new re vamp of the system.......lets make this an issue at elections and get away from the walls, immigration and gun laws.......which have nothing to do with politics anymore. I couldn’t believe a local store here in our town putting a sign in the window for Cashier $ 8.00 hr.....owners and corporations suck

  • Eva Acosta
    Eva Acosta Month ago

    We need to make changes so workers are valued again. Workers make companies rich we deserve a slice of the pie. We need to undo all that has been taken from workers by the rich.

  • J H
    J H Month ago

    If you retire at 62, and keep on working, you will have a percentage reduction on your social security once you hit a certain amount working. If you are going to take it out at 62, you will receive even less unless you are just not working. If I continue for as long as I can to 66 then none is taken out, and my wages could raise the amount I actually draw when I do start. To say I am drawing it because I could be dead at 66, well I could be dead at 61 also. That's nonsense.

  • Nomadic Brian
    Nomadic Brian Month ago

    I didn't save and will be 62 in January. I'm in good health and work as a contractor. That means I can work 6 months out of the year and make enough to live. I see myself doing that until 70. Call it semi retired. I have to look things over and decide if I want to take SS at 62 or wait. Now at 62 if I make over 18,000 I have to pay the SS money back. Well if I make over 50,000 for my 6 months of work I'll be just fine with it. But if I have a really bad year and only make 17,000 I can live with just enough. Honestly for me if I can't work I'm screwed. So God willing I'll be able to work part of the year from now on.

  • Mike James
    Mike James Month ago

    Just Subscribed.I agree with you on what you said.I am 63 and live out in the Countryside in Virginia.My home is an older home with an acre of land with 10 mile mountain views.It is completely paid for and I thank the Lord for it.Where I live in Virginia new homes start at about 290,000 and they call that an affordable home.Many homes are One Million and above.So I moved to the other side of the mountain and found my Home out in the country after looking for 11 months.I owned half of one home and 1/3 of another home.So I had Cash but not a Fortune.I moved to a Motel and thought I would find a Home in 3 months.Just could not find what I was looking for it took me 11 months and spent 15,000 living in the Motel.I searched the Internet Real Estate sites every day and finally found my older Countryside home.Bought it 5 years ago and my Home is completely paid for and my 1990 Bronco II in Fantastic shape is paid for.I do get Social Security and a Small pension also monthly.I pay my Bills and try to be very smart in my decisions on how to spend money.Sadly I had neck surgery and it went wrong and left me in constant pain in my neck.It is just something I have to deal with but that is life.I Thank the Good Lord above for anything I have for he gave me Strength to get up and work every day of my life to obtain it.For younger people it is a tough time to live and save money but they just have to buckle down and do it.It can be done and is so worth it in the long run!

  • raw data
    raw data 2 months ago

    Great video.
    It's spot on.
    I paid for the retirements of my great-grandparents, my grandparents and my parents.
    I would never have considered reneging,,,,,and would consider myself a special kind of scumbag,,,,,if I even thought about doing so.
    If my social security benefits are either cancelled or cut,,,then I want to "never" pay any taxes ever again.
    I want "full" native American status.
    No more taxes,,,,of any sort,,,,ever!
    I'm a baby boomer and my friends are not living longer.
    That is a bull crap narrative.
    My friends are dying in their 60's. (at least the men are)
    It is a proven fact that lifespans are getting shorter,,,primarily due to opioid use,,,,,for pain control and other reasons.
    So you are right,,,that the mainstream narrative is engineered to direct young people in a specific direction.
    Even the shrinking tax base narrative does not add up.
    Canada is bringing immigrants in at a prodigious rate.
    Our population is "not shrinking" over here.

  • patchesdoreen7
    patchesdoreen7 2 months ago

    I want to buy some land and build a small cabin for me to live out my golden years. My son said i should get a job in order to live. i am 70 yrs old and have some health issues. If i could buy land i would park my van on it and try to build a small cabin. i don't need much but a small yard for my dogs. I have been homeless off and on for the last 10 yrs. I used to live in California but it cost way to much to live there. so now i only get my social security to live off. I never had a 401 from any of my jobs. I tell my kids you need to save money now for later in life. Sorry got off track my question is where can i buy land and park my van.

  • Dennis Wadsworth
    Dennis Wadsworth 2 months ago

    Sound very good to me as I am looking at retirement in 10 yrs. and will also try to be prepared.

  • wontunow
    wontunow 2 months ago

    Fun Fact: There is no money in the SS and Medicare "funds". Just I.O.U.'s in the form of bonds. The money has already been spent.

  • Tony Simone
    Tony Simone 2 months ago

    good video if you dont have a plan for retirement you will be working forever

  • T K
    T K 2 months ago

    My husband worked 4o odd years more than paid his stamp but the British government changed the rules , he has just been made redundant, and we have both had to claim for universal credit ,have discovered this is around 500 a month for two people ,my husband is 61 yrs old I am 3 yrs younger plus I am deaf now he will have to work till 70 because we will not be able to claim pension credits as I am younger or give up our house which we have both worked hard for needless to say we both sometimes feel suicidal at our lowest moments can't believe it ps we r debt free but our mistake is we have very little savings but the government's have sneaked in these unfair changes which have thrown us for 6

  • Mona Nolen
    Mona Nolen 2 months ago

    I have decided to retire at 62 1\2 Was going to continue on working,but changed my mind. I do have my new) and my credit cards paid off.I've been planning this. And I have a little stash. I have come to realize I would like to enjoy what time I have left.