Very good article.
another factor for delaying taking SS is the 8% automatic increase per year compounded from FRA to age 70 + all future COLA is based on the higher SS payment
But when to file for SS is unique to each individual/couple
yes - you are the classic "enabler"
at some point in your son's life - age 36 now- he has to "grow up" and you have to stop being a "helicopter parent"
I'm betting with the house on this one.
Comments:
Very good article. another factor for delaying taking SS is the 8% automatic increase per year compounded from FRA to age 70 + all future COLA is based on the higher SS payment But when to file for SS is unique to each individual/couple
Post: Don’t Delay
Link to comment from April 20, 2024
interesting article AWE - similar to 5W & 1H (Who, What, Where, When, Why & How) "free advice" is usually worth what you paid for it
Post: Make Them Answer
Link to comment from April 18, 2024
there will be no "19% benefit cut" in 2034 to current s s recipients. why? 1. Grandma votes 2 the government owns a money printing press
Post: Making Claims
Link to comment from April 6, 2024
yes - you are the classic "enabler" at some point in your son's life - age 36 now- he has to "grow up" and you have to stop being a "helicopter parent" I'm betting with the house on this one.
Post: Against the Odds
Link to comment from April 3, 2024
"Enough" is a feast.
Post: Got Enough?
Link to comment from November 18, 2023