Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 06-15-2015, 09:15 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,264
I don't know why:

The government changes common definitions of things we all accept. For example, when looking at your Social Security adjustments for taking payments early/late, I found this table:

Early or delayed retirement

Which very clearly spells out the various % of FRA payment based on the year you were born and the age you wish to take SS.

But "the year you were born" has fine print. WTH? Why do we need fine print for "the year you were born"? Wouldn't that just be, well, gee, I don't know, just taking a wild stab at this, I'm not all that bright, but I'd normally assume that "the year you were born" would actually mean "the year you were born". No?

Quote:
Note: Persons born on January 1 of any year should refer to the previous year of birth.
Roughly 1/365 people are born on Jan 1 - if you asked them what year they were born, would they ever think to refer to the previous year of birth?

And what's with "the year after you turn 70 1/2" (RMDs). Isn't that the year you turn 71 1/2?

Are they just messin' with us? Like SS and RMDs aren't already complicated enough?

-ERD50
__________________

__________________
ERD50 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 Early-Retirement.org 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 06-15-2015, 10:35 AM   #22
Thinks s/he gets paid by the post
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 4,616
Quote:
Originally Posted by ERD50 View Post
I don't know why:

Are they just messin' with us? Like SS and RMDs aren't already complicated enough?

-ERD50
Age is a funny thing. Like, when I say I'm 25, I'm not lying, because I am 25, and a whole lot older. But If I say I'm 78, then that's not quite true either. Because I've been 78 for a long time.
So when asked, I tell them I'm in my 79th year (actually 78 and 7/12ths). In a very short time I shall be in by 80th year.

Strange things happen with regard to age. My best friend and I were born in the same hospital 2 days apart. Our moms were in the same maternity room and grew to be best friends forever. Al was born on the 1st , and I was born on the the third. The cut off date for entering first grade at age 6, was the second... so he was always a year ahead of me. No kindergarten in those days.

So if asked, I always say I'm 79, because I was 78 for a whole year, and I've graduated.
__________________

__________________
imoldernu is offline   Reply With Quote
Old 06-19-2015, 02:38 PM   #23
Thinks s/he gets paid by the post
 
Join Date: Jan 2011
Posts: 1,207
Quote:
Originally Posted by Walt34 View Post
Finally, after all this abstract discussion a bit of truly practical applied physics!
+1 !
__________________
mystang52 is offline   Reply With Quote
Old 06-19-2015, 02:49 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,017
Quote:
Originally Posted by Htown Harry View Post
You retired guys are all deep thinkers.

This was my discovery for the week.

Finally, a scientific solution to the dreaded "poop splash" - Vox
I love science....

__________________
Meadbh is offline   Reply With Quote
Old 06-20-2015, 10:27 AM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,714
Send a message via Skype™ to kcowan
Being a snowbird in Mexico, I am always amazed that people think North America means US/Canada, ignoring the other 39 countries that make it up:

Countries in North America

Those of us in the know refer to NOB to mean Canada/US. And when we are in Canada, we refer to SOBs to the south, including USians!
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 06-21-2015, 06:43 PM   #26
Full time employment: Posting here.
NYEXPAT's Avatar
 
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 868
Quote:
Originally Posted by kcowan View Post
Being a snowbird in Mexico, I am always amazed that people think North America means US/Canada, ignoring the other 39 countries that make it up:

Countries in North America

Those of us in the know refer to NOB to mean Canada/US. And when we are in Canada, we refer to SOBs to the south, including USians!
I have met many a NOB that in reality turned out to be a SOB!
__________________
NYEXPAT is offline   Reply With Quote
Old 06-22-2015, 10:23 AM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,714
Send a message via Skype™ to kcowan
Quote:
Originally Posted by NYEXPAT View Post
I have met many a NOB that in reality turned out to be a SOB!
Here is a definitive source:
Who's Your Mama Videos
Kent Ohio takes the crown!
__________________

__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Reply


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
Everything you wanted (or didn't) to know about the CPI OAG FIRE and Money 0 11-04-2008 03:48 AM
Something Else I Didn't Know AlmostDone Health and Early Retirement 8 02-07-2007 08:11 PM
Tell us something we didn't already know .... bbuzzard FIRE and Money 2 12-07-2006 10:08 PM
Things own you; you don't own things - know what is want and a need dex Young Dreamers 21 10-26-2005 01:40 PM

 

 
All times are GMT -6. The time now is 01:48 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.