The debate over when to start receiving Social Security Retirement Benefits rages on. I have written about it many times, as have others. My general impression is that there is a large group of folks who hit 62, are inclined to take their benefits just to have the money, then look for logic that supports their decision. In the absence of dire necessity or live-limiting health problems, I believe this is a bad approach to the problem. Thus, I appreciated a recent article from CBS Money Watch that looked at the “retire early” issue from an actuarial perspective. [Read more…]
Archives for June 2011
I am waiting for an afternoon flight from Nashville to Dallas after flying back this morning from Baltimore. It was a great trip to celebrate the high school graduation of one of our nephews. Now it is back to work, as I am scheduled to testify at a trial tomorrow in Wichita Falls. I am still working on developing my personal style of “traveling light.”
As we age and think about retirement and beyond, we become more reflective about the life we have lived. We also think more about the life we should have lived. Wouldn’t it be helpful to minimize the regrets we have about our lives? We can do this by anticipating those regrets before it is too late to do something about them.
We now have a full year of experience with our high interest, rewards checking account. Regular readers may recall that we began the process of severing our long-time relationship with Bank of America in May of last year. So far our experience with our new community bank has been excellent.