Living on Social Security
@amadeo (111948)
United States
December 5, 2017 10:03am CST
Good morning.
How many here depends on their Social Security.
Do you have other income with this.
Many are finding hard just to live on Social Security.
I took mine when I was at the age of sixty two.
Just wanted to get out of the work force.
I could not depend on my SS.so I had a good investment while working.
At what age did you start collecting SS.
Are you able to live on this?
photo online
14 people like this
16 responses
@shaggin (71664)
• United States
5 Dec 17
I am no where near retirement age. My kids and I live currently off of survivors benefits.
@wongchoiyee (7413)
• Malaysia
11 Dec 17
Its not easy to get a social security here in Malaysia except if you are laying on the bed with no ability.
@LadyDuck (458067)
• Switzerland
5 Dec 17
We are both retired and we have our monthly Pension. In Europe, when you work, you are obliged to pay an amount proportional to your salary for your retirement. When you retire you receive your monthly pension. The higher your salary was, the higher is your monthly pension. My husband retired at 65, I retired at 64, before you are not allowed. From the year 2018 the retirement age will be 67.
@nanette64 (20364)
• Fairfield, Texas
5 Dec 17
I was 62 also @amadeo but it was because of spinal injuries; I had no choice. What does make me mad is all those years I worked as a Go-Go Dancer, the IRS did not take taxes for. It wasn't until later that they realized how much they were missing out on that they started doing it. If they had done it from the beginning, you can bet my SS would be a lot higher than it is.
@amadeo (111948)
• United States
6 Dec 17
@nanette64 that is great there.You are going to be rich.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
6 Dec 17
@amadeo I did just get an update from SS today regarding next years amount. I'll be getting $19.30 more for 2018. Yeehaw!!!!
@amadeo (111948)
• United States
5 Dec 17
@LeaPea2417 I see and you will get there someday.
1 person likes this
@Marilynda1225 (79708)
• United States
5 Dec 17
I am living on Social Security and didn't plan as well for my retirement as I should have. Unfortunately I took an early retirement when the company I worked for closed and I lost my job. I probably could have (or would have) worked for many more years so it would have added to my benefits but I make do each month (so far).
@amadeo (111948)
• United States
5 Dec 17
@Marilynda1225 did you get a chance to invest any of your money?
@JudyEv (325759)
• Rockingham, Australia
6 Dec 17
We are on a part pension as we have some superannuation. I'm sure we would find it hard if we had no other income.
@andriaperry (116860)
• Anniston, Alabama
6 Dec 17
I am not old enough I am just 52, but my sister is on SSD and she barely gets by, most months I buy her toilet paper and stuff ike that
I do not work for anyone and I do not pay in SS, I will have to live off what I make and what I invest in, I do not have all my eggs in one basket.
@Hannihar (129458)
• Israel
6 Dec 17
Social Security helps but not enough for me to live on. I got Social Security at 62.
@Juliaacv (48420)
• Canada
6 Dec 17
The prediction is that before I reach that age the Old Age Pension (which is what its called up here in Canada) will be broke from all of the baby boomers who will have exhausted the funds. So my husband and I have our own investments, and he has a goal of working until he has a certain figure invested-but its his goal and not mine, I could go before that.
@misunderstood_zombie (8142)
• United States
5 Dec 17
I was able to receive SS from my husband, because he made more than I did. For several years, I stayed at home with 4 kids.
