Archived posting to the Leica Users Group, 2011/07/18
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]The point is that there are lots of folks who have no job and little hope of finding a traditional full time job with full benefits. Thus they have no option but to collect SS as soon as they are eligible. In the US the European style state funded or Asian style family 'Safety Net' does not exist. Remember the 'official' unemployment rate in the US is around nine point something percent; the real rate is double that. ----- Original Message ----- From: "Nathan Wajsman" <photo at frozenlight.eu> To: "Leica Users Group" <lug at leica-users.org> Sent: Monday, July 18, 2011 7:17 PM Subject: Re: [Leica] OT - Social Security > But why retire so early then? I realize that a coal miner cannot work into > old age (or even oldish age) but most people these days have jobs that can > perfectly well be worked well into the 60s if not more. > > Collectively, we are all heading for retirement ages around 70. > Demographics rule. > > Cheers, > Nathan > > Nathan Wajsman > Alicante, Spain > http://www.frozenlight.eu > http://www.greatpix.eu > http://www.nathanfoto.com > PICTURE OF THE WEEK: http://www.fotocycle.dk/paws > Blog: http://www.fotocycle.dk/blog > > YNWA > > > > > > > > On Jul 18, 2011, at 9:07 PM, Akhil Lal wrote: > >> This is sound advice. The problem, however, is that not everyone can >> affort to wait until their very late '60s to collect SS. >> >> In the current economic recession there are many instances where >> families' savings have been wiped out and the wage earners may be in >> their late fifties or early sixties working only part tiime, without >> benefits. In this situation delaying SS paymnets is not an option. >> >>