Social Security at 62 - where to deposit funds?
YodaRules
11 years ago
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sushipup1
11 years agolast modified: 9 years agoYodaRules
11 years agolast modified: 9 years agoRelated Discussions
Question about renters and security deposits
Comments (29)I simply do not understand the light-bulb issue. Unless all the lights were new when a tenant moved in, how is the tenant responsible for replacing the light bulbs? We are renting a large town-house, 3 floors with recessed ceiling lights. The ceilings are 12ft high. There are numerous ceiling lights throughout the house. Four bathrooms with both ceiling lights and vanity lights. Multiple driveway spots, some up on trees. When we moved in, we noticed some of the recessed lights had CFL's screwed in, which looked weird. After 2 weeks, half the main-floor ceiling lights started burning out. We learned CFL's should not be used with dimmers. That was the cause of them burning out. Were we responsible for that? We replaced only the lights we needed. We had lamps which we used in the living room. We have replaced the kitchen recessed lights 3x since living here. We have a large vent hood over the cooktop. There are 8 halogen lights. After one month, they all burned out within 3 days. I replaced those and they were expensive and difficult to install. If they burn out before we leave (3 months)I am not replacing those. They obviously were not new when we moved in. We have no intention of replacing all these lights. If they were new when we moved in, that's a different story although I think the landlord is required to provide light for his tenant. I would assume that would be built into the rent. We pay for the electricity. In a house this size and age, there were many things which needed repair but were not. I do not feel responsible for repairing things which broke due to age and use. How can a landlord charge for items which were 'on their last leg?' I have a list of things which broke over the year and half not due to anything we did. They were just old and well worn. The light-bulb issue seems ridiculous to me. Jane...See MoreWhen to take Social Security?
Comments (44)Anyway, the ability to withdraw, repay and re-apply has been taken away. Once you actually apply, you are more or less locked into your benefits. Jannie, it has not been taken away entirely. I learned from the video that there is still a 12 month window where you can "change your mind". I verified that from the SS.gov site which states: ..... " Recent change in the withdrawal rules.Effective December 8, 2010, you can only withdraw your application for retirement benefits within 12 months of your first month of entitlement and you are limited to one withdrawal per lifetime." Wildchild, I am glad you (& others) found the video so helpful. Not everyone will take the time to view it, to their possible detriment. I also looked @ the AARP website (as Franklin recommended) & they have an excellent current article with really good examples. I haven't looked to see what they might have in the way of archived articles. Chisue, I so agree with you that the argument for a *voluntary* SS-like system kind of flies in the face of how little $ soooo many people save towards retirement. I do understand that it is nearly impossible for some given their low wages. But as an example, one gal I worked with participated in the company's voluntary retirement savings plan... to the tune of $5 per month. No kidding!!!! She had no kids & was an educated woman... but obviously clueless as to how ineffective that amount was. She actually "threw money away" since the company would have matched her contributions to a much greater amount!...See MoreAnybody living on Social Security only?
Comments (20)I know that joyful, but it's all a part of being healthy. If we live long enough we will all probably have cancer. I found this article very interesting. Man, Environment And Life Expectancy By Edward Grimsley In the beginning, the air and all the rivers, lakes, and oceans were clean and pure. And darkness was upon the face of the deep much of the time. Man spent most of his time looking for food and shelter, and shivering, clothing made from fig leaves not being very warm. Finally, he learned that animals were useful not only as food but also to provide clothing and shelter, since their pelts and hides could be used for cloaks and tents and so forth. He became a hunter and hunted all the time without a twinge of remorse, since there was no animal\-rights movement to tell him he was doing wrong. So he roamed the earth, searching for food and shelter, breathing the pure air and drinking the pure water. He had plenty of room to roam, for the Earth was not crowded in those pristine and prehistoric days. The average life span, you see, was only 18 years. Man limited his activity to the daylight hours, of course, since he had no light strong enough to dispel the darkness that covered the face of the deep several hours of each day. He was in bed by sundown, which means that he spent much of his short life in unconscious sleep. Over the centuries, life changed. Man discovered the fire, which provided heat and light. True, it burned forests, and occasionally human beings, but people decided the advantages of fire more than offset its dangers. Through the years, more and more people began to live in permanent villages, towns, and cities. They dumped their garbage into the streets and nearby streams and rivers. Thus they invented pollution. And life expectancy rose, reaching 30 years by Roman Times. Man continued to develop and change. Eventually he invented candles. Then he discovered that lamps fueled by oil, from whatever source, produced stronger light than candles. Since whales were a good sourced of lamp oil, people killed a lot of whales in those days. But there was less darkness upon the face of the deep. People could even see to read at night. Hardly anyone spoke out in defense of whales. In the 18th and 19th centuries, man moved into the Industrial Age. This featured factories that filled the air with black smoke and poured new pollutants into the rivers and lakes. Man breathed poison 24 hours a day. His live expectancy jumped to about 40 years. Miracle followed miracle. The industrial revolution led to the internal combustion engine in automobiles. Soon there were millions of these vehicles running about the globe spewing fumes into the air. Somebody invented cigarettes. With factory smokestacks, cigarettes, and automobiles filling the air with foul particles, lungs didnt know what fresh air felt like. Since the internal combustion engines and the factory furnaces and the power generators needed fuel, man drilled for oil and transported it hither and yon. Now and then he spilled some, polluting the rivers, lakes, and oceans. And his life expectancy soared beyond 60 years. And so it has gone most of this century. Good lighting provided by generators powered by coal, oil and nuclear energy has dispelled much of the darkness from the face of the deep, which means people no longer have to lie down when the sun does. Factories have produced machines that have made life easier and richer than prehistoric man ever thought it could be. Once forced to spend most of his waking moments merely to obtain the necessities of life, man now has leisure time in abundance. He can play at home or, if he chooses, hop aboard an airplane and fly to another playground on the other side of the globe in a matter of hours. And his life expectancy is about 75 years. From all this, it would appear that pollution is manÂs best friend, since the dirtier the environment, the longer he lives, and the more he prospers. Pollution actually is a very bad thing, however as the experts have been telling us for days in observance of the 20th anniversary of Earth Day. Civilization is doomed, they warn, unless people cleanup the air and water, stop smoking cigarettes, stop cutting down old trees, save the spotted owl, and recycle everything. Exactly how man can restore the purity of the air and waters and preserve the forests while retaining all the benefits of industrialization and technological progress is not clear. But future generations probably will have time to figure it out. Experts predict that babies born in this highly polluted year of 1990 may live an average of 110 years. Distributed by Heritage Features Syndicate....See MoreSmall Social Security COLA this time
Comments (11)chisue, take another look at how Social Security benefit amounts work, it's not how you say. As an example, just to keep the numbers simple, let's say a person qualifies at age 62 and starts then. They get 75% of the amount they'd get at 66. Real numbers, let's say it's $7500 at year at 62 and it would have been $10000 at 66. By waiting, they're getting a higher amount, yes, but that's not "a return on their investment". What they passed up getting was $7500 per year for 4 years = $30,000. It takes a lot of years with that $2500 increase (which will get cost of living adjustments) to equal the $30000 they passed up. If you factor in interest cost, for someone who isn't working, unless they feel confident to live to a ripe old age, taking it sooner can be better. See what I mean?...See Moresushipup1
11 years agolast modified: 9 years agoazzalea
11 years agolast modified: 9 years agoYodaRules
11 years agolast modified: 9 years agoazzalea
11 years agolast modified: 9 years agovnw232
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agoemma
11 years agolast modified: 9 years agosherwoodva
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agosusieq07
11 years agolast modified: 9 years agojoyfulguy
10 years agolast modified: 9 years agoaputernut
10 years agolast modified: 9 years agomccall
10 years agolast modified: 9 years agoemma
10 years agolast modified: 9 years agoMags438
9 years agolast modified: 9 years agoElmer J Fudd
9 years agolast modified: 9 years ago
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