Interesting. So you worked cash gigs all of 12 years? Or owned the company?I worked more than 35 hours per week for 37 years. I paid into SS for 12 years
Same here, but started in ‘78. Retired at 59 1/2.2 companies. 40 years. 1974-2014.
Under 20 of real work where SS earnings were high. More years of self employed or other money making ventures but not SS earnings so while my PIA could be higher my retirement is set! And isn’t that what counts?If it felt like a real job to you then it probably counts. I guess what I was after was how limited career length impacted our PIA. I'd only exclude these shorter gigs if they don't significantly affect your PIA. (and yes, you have to decide what 'significantly' means)
With the (presumed) repeal of WEP and GPO and the prospect of my DW getting half my PIA in spousal benefits I've been thinking about the fact that my PIA is somewhat below maximum because of the limited number of years I worked. I retired after 27.5 years of 'real' work (and another half dozen or so years of low wage jobs I had while a student). As a result my PIA is reduced about 10% from the maximum it could be for someone my age.
This being a site dedicated to early retirement it made wonder how many others here have relatively short careers and whether this has impacted your PIA. In this poll I'm only asking about 'real' full time work - not short low paid gigs, but how you define real work is up to you.
That was my goal - be retired as long as I worked. My grandfather worked 36 years at Std Oil/ Chevron and was retired for 33 years.35 years of working paying into SS. If I make it to 35 years of retirement I’ll be 91.