New DH calendar
Article posted: 8/25/2013 5:00 AM

A carpe diem approach to Social Security

  • Article
text size: AAA

A carpe diem view of Social Security

I refute an article recently published in The Wall Street Journal stating that people should not take Social Security at the age of 62. It said that a person should wait longer and, thereby, receive a larger check.

Advertisement

I maintain that unless it is financially prohibitive, people should retire as soon as possible and begin collecting the money paid in during the years of employment. Individuals who delay need to survive into their 80s before exceeding the money lost when an average life expectancy is only in the 70s. Of course, some may cite others that live much longer, but the fact is that most don't.

I contend that people can typically safeguard themselves against old-age costs and enjoy their money while they are physically able. Someone once said that the best estate planning is to "die when your final check is paid to the undertaker and, God willing, it'll bounce!"

Don Mueller

Hoffman Estates

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Latest Video

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    MarketsReport

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity

    BusinessDirectory

    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.