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 - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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