Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 12-19-2010, 09:09 PM   #41
Full time employment: Posting here.
Join Date: Apr 2009
Posts: 731
Originally Posted by 73ss454 View Post
As long as you keep breathing till 70, but it doesn't factor in death.
Yes - I think if you have health issues taking SS earlier is a better approach. I've already had friends die in their 60s, of various illnesses.

Retired July 2, 2010 at 62. My only regret is that I couldn't do it sooner.
thinker25 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-20-2010, 04:37 PM   #42
Full time employment: Posting here.
Join Date: Sep 2009
Posts: 739
Originally Posted by thinker25 View Post
The situation of the stock market dropping had not happened and I think that affects how you look at investing. A lot of people lost a lot of money - even if temporarily - and got scared, sometimes permanently.

So the psychological approach to investing in 2007 was quite different, IMO, than it is now - for many people.

I just skimmed the article, as I said. Perhaps they included this. But I am generally wary about information that doesn't include the past 2 years of the stock market dropping.
Very good point. I just looked and the DOW was at 11,500 on Jan 2, 2000, and as we near Jan 2, 2011, it is still below that point. As a matter of fact, the DOW was only above the starting value of 11,500 for 2 years of the 10. Only the 2 years from Sep 2006 until Sep 2008 were above 11,500.

Would be interesting to see the overall financial impact of their net worth due to taking the advice of the paper or starting SS early at 62.

Zero is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax on Oil Lease Revenue JPatrick FIRE and Money 18 06-20-2011 11:06 AM
Diversification of Accounts Between Taxable, Tax Deferred, and Tax Free haha FIRE and Money 61 10-26-2010 02:26 PM
Insured & Uninsured Income Streams: Combination to ensure security for retirement AdventuresAddict FIRE and Money 99 03-11-2008 02:31 PM
AA & withdrawals between taxable and non taxable accounts. ron244 FIRE and Money 14 05-18-2007 05:59 PM
FIREcalc, multiple income streams, & "residuals Cb FIRE and Money 1 09-20-2004 04:26 PM


All times are GMT -6. The time now is 03:40 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.