 A friend of mine owes me £3000 what can I do? |
| I have 2 credit cards in my name and he has maxed them and is not paying them. I had these cards when we were together. He also owes on my calaogue but beens as the item was delivered to my address ... |
|
 What happens if i run up a huge debt in the us and move to canada? |
| i am moving to canada permanently. from what i know, my credit score in the united states is based off my social security number, which i will not have in canada. what is to stop me from buying a new ... |
|
 Make money on the Internet?? |
| I have been reading about how you can do some kind of like chain letter on the internet to get money. Initial investment is $6, need paypal account....Does this work or can anyone tell me more?... |
|
 Should I go into debt to attend a funeral? |
My Grandmother is on her death bed. I don't have the money to travel the 1500 miles to her funeral. My family thinks I should go into debt.
What do you think?... |
|
 If I receive a check in the mail..stating it is a portion of lottery winnings...Can I cash it ? |
| The check came with a letter from British Random Lotto. It asks that I send the check (from Quest Diagnostics) to a North American Agent. At that time it reads that I will receive the other 85,000 ... |
|
 What happens to your debt when you die (UK)? |
Hi,
Quick question, if you die and you are married, what happens to the debt that you owe? It used to get wiped off, but I have heard it doesnt anymore? Please can someone help asap?
... |
|
 What are some real things a stay at home mom can do to make some extra cash? |
| I have two very small children that I stay at home with. I would like to make a little extra money every month for shopping. I already sell on ebay (sometimes that doesn't go so well though). I ... |
|
 Can my bank do this? Take money for loan without my consent? |
| I was behind on my car payment. My husband just receieved his financial aid from school. We deposited the money in the bank. We had planned to catch up the loan with his paycheck as the financial ... |
|
 In Dept with credit cards & loan? |
| If I was to cancel all direct debits for my payments on loans and credit cards, and the moved house.... And didn't have any contact with them at all, would they find me?... |
|
 Where can i find an unsecured loan for someone with "not good" credit? |
| I am not looking for millions, $1000 - $2000. I do not have good credit and am looking for an unsecured loan. I am hoping to do this to clear up some debts and build credit. I do not want a pay ... |
|
 Im 17 and im going on 18 and i wish to take out a loan to buy a house...? |
| what should i do because i have no family and noone to cosign so is it even possible to get me a loan.? i just want to buy myself a home instead of renting some bull ... |
|
|  |
Errolsource | What is the best age to take social security benefits? |
I will continue working and I am healthy. If I wait until I am 70 I will get $800 more per month than if I take it at my eligible age of
65 and 8 months. Two of my financial adivsors said wait until
70 and two said, of course, take it now. So I am confused how
to resolve this dilemma. |
 |
 
david b
|
I would have to say that if you are not going to be completly dependant on you SS benefits, then there is no reason to start taking them now. |
|
flmc_vi
|
Do the math. If you are healthy and expect to live longer, start taking the benefits as early as possible,.
Put the numbers down on a sheet of paper, and figure your benefits with a hypothetical max age of 80. One column starting asap and the othr column start collecting at 70. The largest draw is the winner. I think the sooner you can start colleting, the better! |
|
wendyd1999
 |
If you do an actuarial computation, it normally turns out you will receive more in total if you take it now. Ask the financial advisors for such a computation. |
|
Debbie P
 |
I dont know any reason they would say take it now unless they have more info tan you have given us here. |
|
Jason M
|
The previous answer is a load of Republican crap. The system is not "bankrupt" -- even the SSA says that, AT WORST, payments would have to be 70% of what they are now starting in about 30 years. By then you'll probably be gone. So don't worry about the health of the system... because even if you're still around, you'll still be getting something.
I'd do the math and figure out the breakeven. It's possible you're better off taking it now, depending on how long you think you'll live. But another factor to consider is whether you *want* to keep working. If you do, your soc. sec. benefits are reduced depending on what you make -- so that factors in to the decision to wait a while to start collecting. |
|
son-shine
|
Take it now and enjoy your retirement. Do not wait. I've know people who waited and died before they got it. Not that you are in bad health, I'm just saying you should be able to enjoy your retirement now.
Have fun! |
|
mcnallycarolann
 |
take it as early as possible- - it would take 14 years to offset the difference |
|
wjvv
 |
I was faced with the same decision. If you wait until you are 70, it will take 10 years of increased benefit to break even with the amount of money you would get if you took it now.
I took it now. |
|
kaitoudark
|
I'll be another person to tell you to take it now and have a good time with your retirement.But what do I know,I'm only 13.LOL. |
|
david w
|
that depend on your health,energy,passion,income and social status,of course i will not live on social security if i am billgates |
|
skyeblue
|
Goodness! Take it at 65. Do your math! |
|
MINDDOCTOR
|
There are two important factors that you may want to consider:
1). To my knowledge the government borrows money from the Social Security System and is bad at paying the money back.
2). The system is near bankrupt.
In my professional opinion I would take my hard earned money out early while I know that there is still money in the system left to take out.
3) If you wait until you are 70, you may find yourself in a position where the entire system is bankrupt and you can forget about the extra $800, because your basic Social Security money will also be gone.
4) All Congress has done over the years is debate and debate on how to fix the Social Security System. Still to this day there is only talk with no real actions to salvage the system that is almost running out of money. |
|
Scott K
 |
In all likelihood, the actuarial tables will come out the same for you. I'm sure you can find those on the internet, if not the IRS maintains them. Multiply your annual earnings for age 65 times the life expectancy of age 65, then multiply your annual earnings for age 70 by the corresponding life expectancy. Another factor, though, is that you may live longer if you retire earlier. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 37 minutes(s) ago
| | | |
12 | 56 minutes(s) ago
| | | |
12 | 3 hour(s) ago
| | | |
13 | 5 hour(s) ago
| | | |
13 | 8 hour(s) ago
| | | |
11 | 10 hour(s) ago
| | | |
13 | 1 day(s) ago
| | | |
13 | 4 day(s) ago
| | | |
13 | 5 day(s) ago
| | | |
13 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
