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How's this for an ER plan?
Old 10-13-2006, 01:04 PM   #1
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How's this for an ER plan?

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A man who couldn't find steady work came up with a plan to make it through the next few years until he could collect Social Security: He robbed a bank, then handed the money to a guard and waited for police.

On Wednesday, Timothy J. Bowers told a judge a three-year prison sentence would suit him, and the judge obliged.

"At my age, the jobs available to me are minimum-wage jobs. There is age discrimination out there," Bowers, who turns 63 in a few weeks, told Judge Angela White.

The judge told him: "It's unfortunate you feel this is the only way to deal with the situation." [...]

"It's a pretty sad story when someone feels that's their only alternative," said defense attorney Jeremy W. Dodgion, who described Bowers as "a charming old man."

Prosecutors had considered arguing against putting Bowers in prison at taxpayer expense, but they worried he would do something more reckless to be put behind bars.

"It's not the financial plan I would choose, but it's a financial plan," prosecutor Dan Cable said.
http://www.cnn.com/2006/LAW/10/12/ro....ap/index.html
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Re: How's this for an ER plan?
Old 10-13-2006, 02:07 PM   #2
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Re: How's this for an ER plan?

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Originally Posted by dt123
Darn, there goes another E-R.org poster who should have used the "Search" feature:

http://early-retirement.org/forums/i...1907#msg131907
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Re: How's this for an ER plan?
Old 10-13-2006, 04:13 PM   #3
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Re: How's this for an ER plan?

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A man who couldn't find steady work came up with a plan to make it through the next few years until he could collect Social Security: He robbed a bank, then handed the money to a guard and waited for police.
Interestingly, this has always been my back-up plan. Fortunately the market is up now and it looks like I will make it after all. No mention of free medical care, but this would also be a big benefit until age 65.
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Re: How's this for an ER plan?
Old 10-13-2006, 04:53 PM   #4
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Re: How's this for an ER plan?

What I did not understand is why he robbed a bank at 63 "because he was ineligible for SS." He could have gotten benefits at 62, but maybe the bump-up at 65 made it worth the wait. So the Baguette maneuver also is an answer the "take benefits at 62?" questions we see a lot here.
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Re: How's this for an ER plan?
Old 10-13-2006, 09:32 PM   #5
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Re: How's this for an ER plan?

he'll probably croak in prison.....
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