I'm gonna hit official retirement age!

Post in 'The Inglenook' started by webbie, May 12, 2013.

  1. webbie

    webbie
    Expand Collapse
    Seasoned Moderator
    Staff Member

    Joined:
    Nov 17, 2005
    Messages:
    12,190
    Likes Received:
    1,086
    Loc:
    Western Mass.
    In one week I will be 59 1/2

    That means I can take money out of my IRA with no penalty...well, except current taxes!

    Still can't get senior discounts at most places though...
    ;)
     
    Collapse Signature Expand Signature
    raybonz likes this.

    Helpful Sponsor Ads!





  2. Gark

    Gark
    Expand Collapse
    Minister of Fire

    Joined:
    Jan 27, 2007
    Messages:
    808
    Likes Received:
    204
    Loc:
    SW Michigan
    Don't know if you have Ponderosa Steak-houses near you, but ours has their senior discounts starting at age 55. I like that place (mmmm... buffet!). Heheh.
     
    Collapse Signature Expand Signature
  3. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    I turned 55 in Virginia in 2003...immediately on my b-day I took the wife (3 mos older than I) to IHOP to get the Senior Discount on breakfast. Tasted somehow sweeter. ==c

    This year I'll turn 65 (Dec) and oughta be eligible for dang near anyone's Sr. Discount. >>
     
    Collapse Signature Expand Signature
  4. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    Got my first old fart discount as a surprise. Shirley the waitress at the buffet laid the check on my table and I noticed it. Told her I had just lost my appetite. She told me to shut up and eat. That I had just saved a buck and should enjoy it.

    At Long John Silver's one day the cashier said "Sir, uh, well you know you could save some money if you, well, you know asked for the senior discount.". Looked like he was afraid he was insulting me. I said "Fine. Gimme."

    The next time I went there I asked for it and they told me that they didn't do that anymore. :mad:
     
    Collapse Signature Expand Signature
  5. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    I keep looking at my Roth IRA and think, "Hell, I could have all that money right now, tax-free." Then I wonder what the hell I'd use it for. :rolleyes:
     
    Collapse Signature Expand Signature
  6. bogydave

    bogydave
    Expand Collapse
    Minister of Fire

    Joined:
    Dec 4, 2009
    Messages:
    8,426
    Likes Received:
    3,446
    Loc:
    So Cent ALASKA
    Medicare discounts for sure ;)
     
    Collapse Signature Expand Signature
  7. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    Medicare premiums deducted from my Social Security checks...for sure. :mad:
     
    Collapse Signature Expand Signature
    BrotherBart likes this.
  8. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    I look at my 401K and wonder if I could get some of Rick's Roth money to pay the taxes on it. :confused:
     
    Collapse Signature Expand Signature
  9. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    Actually, I need it to pay the taxes on my Traditional IRA if I ever decide to start tapping into that. ;lol
     
    Collapse Signature Expand Signature
  10. Backwoods Savage

    Backwoods Savage
    Expand Collapse
    Minister of Fire

    Joined:
    Feb 14, 2007
    Messages:
    27,815
    Likes Received:
    7,367
    Loc:
    Michigan
    In some ways life is sweeter in retirement and in some ways it beats the snot out of you.
     
    Collapse Signature Expand Signature
    PapaDave and Defiant like this.
  11. begreen

    begreen
    Expand Collapse
    Mooderator
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    60,439
    Likes Received:
    7,630
    Loc:
    South Puget Sound, WA
    Youth is wasted on the young.
     
    Collapse Signature Expand Signature
  12. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    As Brother Bart tells it, "Getting old doesn't suck. Getting old was a blast. It's being old that sucks." ;lol
     
    Collapse Signature Expand Signature
    PapaDave and Defiant like this.
  13. begreen

    begreen
    Expand Collapse
    Mooderator
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    60,439
    Likes Received:
    7,630
    Loc:
    South Puget Sound, WA
    I am in need of a visit to the Social Security office so that I can get my head around this transition. Medicare is a whole 'nuther ball'o wax. Why do they make things more complicated when your mind wants to take it easier?
     
    Collapse Signature Expand Signature
    firebroad likes this.
  14. Defiant

    Defiant
    Expand Collapse
    Vermont Castings Geek

    Joined:
    Dec 5, 2007
    Messages:
    2,122
    Likes Received:
    1,446
    Loc:
    Old Lyme CT
    I am right behind you:eek:
     
    Collapse Signature Expand Signature
  15. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    For sure. Medicare ain't free and it for damn sure ain't simple.

    Your new favorite website will be medicare.gov.
     
    Collapse Signature Expand Signature
  16. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    I don't know how they could make it any easier...you can apply for Social Security anytime after something like three months before you turn 62, and you'll get your first check a month after your birthday. You do this all online. No visit to anywhere. If then, you are receiving Social Security, a couple months before you turn 65 you'll receive your Medicare card in the mail. You will be automatically enrolled in Part A (in-patient) and Part B (out-patient) unless you opt out of Part B. You'll get Part A premium-free, but pay a premium for Part B, which will be deducted from your Social Security payment each month. I've never been in a Social Security office, and don't imagine I ever will be.

    Start here:

    http://www.socialsecurity.gov/

    Then go here:

    http://www.medicare.gov/index.html?AspxAutoDetectCookieSupport=1
     
    Collapse Signature Expand Signature
  17. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    Just showed this to my wife. She cracked up since she has been hearing that from me every since she turned 65. Now I have the two of us and three relatives to manage this stuff for. <>

    Back when my head actually worked this stuff would have been a cake walk. Now....
     
    Collapse Signature Expand Signature
  18. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    I had to go in one time. To deliver a copy of my DD-214. They said they needed it and when i gave it to the lady I asked if it was gonna make any difference in anything. She said no and I asked why they needed it. "I have no idea sir.". Chuckled and went home.
     
    Collapse Signature Expand Signature
    fossil likes this.
  19. begreen

    begreen
    Expand Collapse
    Mooderator
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    60,439
    Likes Received:
    7,630
    Loc:
    South Puget Sound, WA
    I'm saying this after just jumping into first ownership of a smartphone that started overwhelming me over the weekend. I'm making progress now, but not as quickly as I used to.
     
    Collapse Signature Expand Signature
  20. begreen

    begreen
    Expand Collapse
    Mooderator
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    60,439
    Likes Received:
    7,630
    Loc:
    South Puget Sound, WA
    Thanks for the encouragement. That's good to know. Ya mean the govt. actually works well? ;) It could be simple, but I want to understand how this affects my wife (a year younger) and what our options are. I spoke with a friend today that jumped onto SS earlier this year. He found the local office very helpful. In his words it was the best govt. office visit he's ever dealt with. Maybe he just got lucky. I'm still working so there is an overlap with current insurance. I don't want medicare to start until my current insurance ends, yet I want to be sure my wife transitions smoothly into medicare coverage too.
     
    Collapse Signature Expand Signature
  21. fossil

    fossil
    Expand Collapse
    Accidental Moderator
    Staff Member

    Joined:
    Sep 30, 2007
    Messages:
    10,522
    Likes Received:
    2,411
    Loc:
    Bend, OR
    ETA: Reacting to BB's post above about the DD-214

    Seems to me there was just a box to check about military service in the online form. Marsha and I both got "enrolled" to receive SSI without question. She got one SSI check before she died. :(
    I've been getting my SSI by direct deposit every month without fail since the month after I turned 62 (first check was FEB 2011, I think).
     
    Collapse Signature Expand Signature
  22. BrotherBart

    BrotherBart
    Expand Collapse
    Hearth.com LLC Mid-Atlantic Division
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    32,378
    Likes Received:
    9,607
    Loc:
    Northern Virginia
    I checked later and there was some thing about if this and if that about military service ya got more money from SS. Missed the boat again. Out of town on business all through "free love" but not long enough I guess. :mad:
     
    Collapse Signature Expand Signature
  23. webbie

    webbie
    Expand Collapse
    Seasoned Moderator
    Staff Member

    Joined:
    Nov 17, 2005
    Messages:
    12,190
    Likes Received:
    1,086
    Loc:
    Western Mass.
    So you are saying I have maybe 2 years left of being able to wade though this chit...like the template edits I am working on now for the wiki....???
     
    Collapse Signature Expand Signature
  24. begreen

    begreen
    Expand Collapse
    Mooderator
    Staff Member

    Joined:
    Nov 18, 2005
    Messages:
    60,439
    Likes Received:
    7,630
    Loc:
    South Puget Sound, WA
    Ha, no, you've already dived into Android. This was my first exposure and I'm making good progress. Copying and Pasting is my current nemesis.The phone is full featured and I am wading through it. Having an overlay of AT&T junkware is adding to the muddle. iPhones are more straight-forward once you understand the conventions.
     
    Collapse Signature Expand Signature
  25. webbie

    webbie
    Expand Collapse
    Seasoned Moderator
    Staff Member

    Joined:
    Nov 17, 2005
    Messages:
    12,190
    Likes Received:
    1,086
    Loc:
    Western Mass.
    Oh, I solve that by not copying and pasting.....
    (true)....
    ;)
     
    Collapse Signature Expand Signature

Share This Page

Entire Site copyright © 1995-2016 - email to webinfo@hearth.com
Hearth.com and HearthNet are property and trademarks of Hearth.com LLC Advertising Information