Posted by Chuck (CA) on April 28, 2015 at 20:43:38 from (107.143.165.249):
In Reply to: Social Security posted by True Son on April 28, 2015 at 18:02:01:
I jumped at 64. Took a bit of a hit vs working til 67, but that's 3 years of extra collecting. And I left a job that I didn't enjoy. Like was recommended, we invested in some IRA's and I get a (very) small pension from Circuit City. All in all, we're doing OK and should outlive our money. We're pretty frugal. Our goal of paying the mortgage off before retirement didn't happen, and if we pull the money from our IRA's to do it, it would show as income. So, we're going to take just enough of a chunk out each year where it won't hurt us at tax time and it should be paid off in a few years.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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