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The minute percentage of those of us who had physical jobs we aged out of. A raririty here I know in corporate ville. Posted from a Greek isle having retired at 62 with SS. There are a few of us.
all that will happen is the rmd's will get worse ... they do that with qlacs where they extended out the date where you have to take rmd's .. once you hit the date you go on an accelerated rmd schedule
We will have to wait and see. They might keep the same RMD schedule. It will help some for sure.
The minute percentage of those of us who had physical jobs we aged out of. A raririty here I know in corporate ville. Posted from a Greek isle having retired at 62 with SS. There are a few of us.
How’s the weather there in mid June? We will be there next year, not sure If June is too hot.
Taxes are one of those parameters these simple calculators fail to look at as the ss gets combined with other resources
I agree. I'm getting a nice bump at age 70 when I go from Survivor Benefits to my own record but I'm figuring most of it will go to pay taxes on RMDs. That may change now, too, of course, but regardless of whether the RMD age changes or the % withdrawal requirement changes, I know I'm gonna owe more taxes. In the happy event that I actually have money left over I'll figure out what to do with it then.
The minute percentage of those of us who had physical jobs we aged out of. A raririty here I know in corporate ville. Posted from a Greek isle having retired at 62 with SS. There are a few of us.
Sounds very nice. Did you have a spouse that was an EU citizen? Or some connection yourself? How long did it take to get a long-stay resident visa for Greece?
I have a friend who decided to retire to Portugal, but he was married to a woman from Brazil who spoke Portuguese, making for an easier transition.
I agree. I'm getting a nice bump at age 70 when I go from Survivor Benefits to my own record but I'm figuring most of it will go to pay taxes on RMDs. That may change now, too, of course, but regardless of whether the RMD age changes or the % withdrawal requirement changes, I know I'm gonna owe more taxes. In the happy event that I actually have money left over I'll figure out what to do with it then.
From what I've read, the changes will favor retirees (later required age means longer to accumulate funds, for example). Don't know about any withdrawal changes being proposed at this point. Will be interesting to see what happens.
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