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Reply to "Can 29yr old live off $1.5 million w/working?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If he doesn't pay SS tax, he's not going to be rescued by SS payouts at 65.[/quote] +1 At 29 he may not have ten years of work history.[/quote] Also, he may need to pay for Medicare Part A. Part A is free for people meet the work requirement of 40 credits (roughly 10 years), but if haven't worked long enough (or never had a spouse who worked) you don't get that for free. [/quote]
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