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Working Collectingn Social Security After Full Retirement
posted at March 17, 2013 11:45 PM EDT
First: March 17, 2013
Last: March 17, 2013
I will reach full retirement age in March of 2014. I manage a convenience store and my boss, who is a couple years older than I, has indicated he would not sell the sotre as long as I am willing to manage it. (I live in Vegas and the store makes a nice slot machine income) Retiring at 66 and continuing to work in my management capapcity (28,000/year) seems very attractive. I would collect 1100$/ a month in S.S. benefits which I then could put into investment accounts. The company has had no retirement plan and what little I have in retirement came form inheritance. Does my plan sound like a good idea. Is there a downside I am not seeing?
Thanks for any input.