Number seven is bullshit. Theres absolutely no way i trust someone else with my money. Especially with their high expense ratio. When you teach yourself about this, its the most rewarding thing.
Question, if you start retirement at 62 would it stay that same amount until the end or does it grow each year until the max at 70 even though you started at 62?
The widow tax trap sounds terrifying. Thank you for the heads up Brad!
Taxes are our BIGGEST EXPENSE in life (and Retirement)
I hope you don't totally go away from investing topics. Us younger viewers appreciate them. Just Sayin...
You beat me to the 1st comment. Lol
Number seven is bullshit. Theres absolutely no way i trust someone else with my money. Especially with their high expense ratio. When you teach yourself about this, its the most rewarding thing.
I actually agree with you 100% on this, but many investors can't handle investing themselves.
Question, if you start retirement at 62 would it stay that same amount until the end or does it grow each year until the max at 70 even though you started at 62?
Good question, Yes the credits will grow, you will just have 5 years of $0 from 62-67. The PIA amount will grow 24% by age 70.