Dennis Kucinich, D-Oh has suggested a million people be allowed to take early retirement at age 60 instead of waiting for age 62, creating a million new jobs. What would that program do to the deficit of the Social Security Administration?
Small short term Increase in their deficit or Big long term decrease in their deficit?
Posts Tagged ‘Early’
Where to live for early retirement?
30
May
Does anyone have any suggestions for cheap places for a Canadian to make an early retirement to? I’m considering China (Shanghai), Thailand, Argentina and Uruguay. Any suggestions on ways to estimate my living expenses in different countries or other cheap places to live (stretch a fixed income as far as possible)? Which country would you recommend retiring to and why?
I’d want to have high-speed internet, air conditioning and my own living space (exclusive use of a kitchen and bathroom) at a minimum.
Are their any negative impacts on a pension if several people take early retirement option?
24
May
About 7,000 total employees with over 800 taking the early retirement option. Will this cause an increase in my contributions to the pension or health benefits?
How are Soc. Sec. benefits figured at full retirement age if I take early retirement and they are withheld?
19
May
I want to take early retirement at age 63 but will earn so much that it will all be with held for 3 years until I get full retirment. That money is paid back and added to my full retirement figure. How do they figure the amount to add back?
When do companies most often offer early retirement packages?
07
May
Is there are more common time of the year that companies offer early retirement packages? 1st qtr? Mid-year? or is it pretty much random?
pay mortgage early vs retirement savings calculator?
07
May
Is there a calculator online that will give a graph or chart to a user comparing whether it is better to pay off a mortgage early or to invest in retirement?
What role did investment play in the industrialization of late 18th and early to middle 19th century America?
30
Apr
What role did investment play in the industrialization of America around 1790-1860? I’m writing an essay where I have to examine the roles of several things in the industrialization of America’s industrial boom, and investment is one of the many things.
How do I avoid the 10% penalty for early withdrawal from a variable annuity?
27
Apr
Seventeen years ago my dad set up a variable annuity from Nationwide Insurance for my newborn daughter to help with her college expenses. I was named the custodian (until she is 18), and also the beneficiary. I now want to take that money and use it for her college expenses, but it looks like from the contract that she will incur a 10% penalty for this withdrawal before age 59.5. Is there a way to avoid this penalty by using the funds for a college education?
Early Retirement Cufflinks With Gift Box
26
Apr
Product Description
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Early Retirement Cufflinks With Gift Box
What is the penatly for taking out early retirement?
21
Apr
Does anyone know exactly how much money the government takes from early withdrawl of your retirment funds, I’m in my 40’s. I need the cash but want to roll some over too. Let’s say I took out 35-60K, Is there any way to get around all the penalty’s, Most of this money I get will be for paying debts/creditors, so is there anyway to pay them with out being penalized? Is there a better way to take your retirement funds?
Great advise from all so far.
Retirement was funded from employer, no contributions on my part. It is actually going to be approx. 160K. But I only want to take 30-60K, sorry if that was mis-leading.
I don’t own a house, so that will not work. And have not found employment yet, so investing with another company won’t work either. I feel the only way to get out of debt and not rely on the government is to take my funds until I find work again. Your right my luck has ran out, at least for the time being, and don’t I know it!
Early Retirement?
09
Apr
My parents are 61 and they are planning to retire early at 62. How soon in advance to they need to apply for an early retirement? how soon will they start getting their checks after they turn 62? thanks
my boyfriend has an annuity, and he needs the money now, best way to get it early?
25
Mar
my boyfriend has an annuity and he isn’t supposed to get it till this Christmas, and he needs the money now but doesn’t know how to get it or what companies to go through. any suggestions on how to get it, he needs it to get a car so he can get to work, and he needs it to get an apartment so he needs it like now… please help.
p.s. he needs to get out now there is problems at his home, family is totally pyscho… so thats why he needs it early, plus he doesnt have a job right at the moment.