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Vaurn James

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The Economy is Rigged....Entrepreneurship is The Solution
8/11/2016 8:02:55 PM



Hello All,

have you noticed that the Federal Reserve during the last decade has been pushing money towards education and universities have been building, buying, growing bigger and increasing tuition fees? Hey, no accident because success is manifested in going to university and then, finding a job.

Only problem student loans are the primary route for the masses and bankruptcy doesn't let you off the hook from this debt, while the interest
accumulates like child-support.

In fact, this generation of Millenials are expected to be the only generation that will die in DEBT.....welcome, to the real World kiddies.

So, with his optimism expressed allow me to offer another solution that will better your chances of success., please click here.

Contributor,
Vaurn James
+0
RE: The Economy is Rigged....Entrepreneurship is The Solution
8/12/2016 1:08:19 AM

I agree Vaurn, it is bliss to be self-employed.

By the time many reach 'early' ss retirement, they have to keep working because many will not be able to survive from their savings and social security benefits ...



Full Retirement and Age 62 Benefit By Year Of Birth
Year of Birth 1. Full (normal) Retirement Age Months between age 62 and full retirement age 2.
At Age 62 3.
A $1000 retirement benefit would be reduced to The retirement benefit is reduced by 4. A $500 spouse's benefit would be reduced to The spouse's benefit is reduced by 5.
65
36
$800
20.00%
$375
25.00%
65 and 2 months
38
$791
20.83%
$370
25.83%
65 and 4 months
40
$783
21.67%
$366
26.67%
65 and 6 months
42
$775
22.50%
$362
27.50%
65 and 8 months
44
$766
23.33%
$358
28.33%
65 and 10 months
46
$758
24.17%
$354
29.17%
66
48
$750
25.00%
$350
30.00%
66 and 2 months
50
$741
25.83%
$345
30.83%
66 and 4 months
52
$733
26.67%
$341
31.67%
66 and 6 months
54
$725
27.50%
$337
32.50%
66 and 8 months
56
$716
28.33%
$333
33.33%
66 and 10 months
58
$708
29.17%
$329
34.17%
67
60
$700
30.00%
$325
35.00%
  1. If you were born on January 1st, you should refer to the previous year.
  2. If you were born on the 1st of the month, we figure your benefit (and your full retirement age) as if your birthday was in the previous month. If you were born on January 1st, we figure your benefit (and your full retirement age) as if your birthday was in December of the previous year.
  3. You must be at least 62 for the entire month to receive benefits.
  4. Percentages are approximate due to rounding.
  5. The maximum benefit for the spouse is 50% of the benefit the worker would receive at full retirement age. The % reduction for the spouse should be applied after the automatic 50% reduction. Percentages are approximate due to rounding.

Pros And Cons

As a general rule, early or late retirement will give you about the same total Social Security benefits over your lifetime. If you retire early, the monthly benefit amounts will be smaller to take into account the longer period you will receive them. If you retire late, you will get benefits for a shorter period of time but the monthly amounts will be larger to make up for the months when you did not receive anything.

There are advantages and disadvantages to taking your benefit before your full retirement age. The advantage is that you collect benefits for a longer period of time. The disadvantage is your benefit is reduced. Each person's situation is different, so


Quote:



Hello All,

have you noticed that the Federal Reserve during the last decade has been pushing money towards education and universities have been building, buying, growing bigger and increasing tuition fees? Hey, no accident because success is manifested in going to university and then, finding a job.

Only problem student loans are the primary route for the masses and bankruptcy doesn't let you off the hook from this debt, while the interest
accumulates like child-support.

In fact, this generation of Millenials are expected to be the only generation that will die in DEBT.....welcome, to the real World kiddies.

So, with his optimism expressed allow me to offer another solution that will better your chances of success., please click here.

Contributor,
Vaurn James
+0
1


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