We have one individual that delayed drawing his SS until he was 70. I hadn't realized how much that increased your monthly amount - as apposed to retiring early at age 62 (and only getting 75%) how much that decreases what you can draw. Basically you are making a bet with the government on how long you'll live. The longer you live the better off you are waiting to draw SS.
He's now earning a $80,000 a year salary while drawing 135% of his "regular" social security. He loves giving the guys working for him crap about how they are paying his second salary to be their boss.
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Today's Featured Article - Talk of the Town: How to Crank Start a Tractor - by Staff. This interestin discussion is from the Tractor Talk Discussion Forum. Remember that safety is your first priority - make sure you know what you are doing before attempting a potentially dangerous activity!
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