You "I'm gonna work until I'm ## years old!" are nuts!.
JMNSHO!
My dad's birthday was Aug 1st.
In October, he had just turned 60 and had a minor heart attack. No surgery, just close observation for a couple of months.
At Christmas, I asked him, "Why don't you go ahead and retire?"
He explained that if he retired at age 60, the company would only pay 25% of his Medicare and he was responsible for 75%.
IF he worked to age 61, the company would pay 75% and he would only have to pay for 25%.
He passed away of a major coronary event in June!
Made up my mind then, the very FIRST opportunity I got, I was OUT!
Have a friend back home. Tom was the sort that could make Lincoln squeal. He had 9.5 cents out if the first dime he ever earned.
He was a lineman for a major utility company and made very good money.
When he was 54, all he and his wife owned was clear and free. Kids college was paid off. Not one red cent on two new vehicles did they owe. ... and had a nice savings!
Tom figured out, almost to the penny, what it took for the two of them to get by and flourish.
....and he retired!
For the last 17 years, still in good health, Tom and Mrs. Tom are living the good life.
Last edited by martinstrummer; 06/19/22.
