Reply to Enrolling in Medicare, drawing down Social Security

Forum Index » Eldercare

Reply to "Enrolling in Medicare, drawing down Social Security"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Compare where you will be at 80 if you:
1) take SS at 62 and invest/save that money. Treasuries are safe. Get short term ones you hold to maturity. Buy the actual bills or notes not Treasury FUNDS.  You can also ladder bank CDs and not risk. 
Vanguard is low cost and you can buy Treasuries at auction as well as bank CDs with no commission.
Or
2) Take SS at 70 and do the above.
Or
3)  Take SS at 70 and live on it.

I took SS at 62 and follow #1.
I am 73 now. My husband works and I only have Medicare A (free) because I am required to because I collect SS. My husband's excellent large group plan means I have no penalty when he quits work and I start Medicare as my primary insurance, with his retiree plan (or supplemental) as secondary.
Right now his large group plan in my primary. I had 2 knee replacements, cancer treatment and lots of other stuff and Medicare A had nothing to pick up because his plan was very good. Otherwise, hospital would have collected from both.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics