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Old 04-25-2014, 06:43 AM
 
1,579 posts, read 2,205,248 times
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Quote:
Originally Posted by TuborgP View Post
In addition to the power of compounding interest as mentioned by others I wonder if he was eligible for SS in his sixties. If so that would increased his income. I know there are pensioners in Calif who don't get SS. Remember as you present it at age 55 retirement he would have not been eligible yet for SS.
Yes, he took early retirement ... I don't know if he has been getting SS since reaching his 60s, but that would help explain the increase. My mother, at the same time she met him in the late 1970s, was getting a pension from my father (deceased in 1975) who had been a Federal government worker (electrical engineer) for 30+ years, and her pension was substantially higher than her friend's pension when they met. But now, he gets quite a quite a bit more than her (she worked part time at low-level jobs for several years in order to qualify for SS benefits, but gets a very low amount). So, I am guessing her friend probably has been getting SS after working all those years for the county.

Last edited by smpliving; 04-25-2014 at 07:38 AM..
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