Here, we have the option of taking an early pension at 60, at a reduced payment of course. Those born after 1959 have to wait til they are 67 to draw the full pension, unless the government repeals that fairly recent law. We can also wait to draw a pension up to 72 years of age, with a corresponding increase each year. One has to do the math and figure out what your earning potential is from now on, how long you calculate you are going to live and how any capital assets and their disposal will affect your income, and thus your taxes, and ultimately any government claw back of your pension if your income is high enough. Figure that one out......Ben
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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