What's new
Forums
Members
Resources
Whopper Club
Politics
Pics
Videos
Fishing Reports
Classifieds
Log in
Register
What's new
Search
Members
Resources
Whopper Club
Politics
Menu
Log in
Register
Install the app
Install
Forums
Hunting
Big Game Hunting
Elk
SS Income
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="db-2" data-source="post: 341344" data-attributes="member: 4743"><p>No elk or moose for me either. But retire and time on my hand so:</p><p></p><p>The wife and i started paying SS in 1969. I have done my own income tax over all those years and my numbers are:</p><p></p><p>Total SS paid in by the wife, me along with the employer over those years totals $415,738. In 69 it was $203 and in 21 it was $460.</p><p></p><p>Started drawing in 2012 at age 66 and wife also at age 62 based on my SS income. I retire at age 73.</p><p>Since then and including April of this year we have received $413,403. Am close now to getting the funds we put in over those years. Did pay income tax on that income and it probably was around 20% of the funds we did receive back to Uncle Sam. Thanks Gore.</p><p></p><p>About 7 years ago i did calculate on what those funds would have been with a 3% return and the number at that time was over $500,000. Will need to update as i have time until we go to northern Canada and shed hunt again after a lapse of 3 years. At least we hope for that.</p><p> </p><p>Yes, SS is a big part of our retirement no matter what they say. Just hope it keeps up and we live another 10 years with good health and just maybe we will get back what i consider a good return as it does provide a good share of our retirement. Have not touch our savings these last two years. </p><p>Just not sure were the wife spent all those funds. db</p></blockquote><p></p>
[QUOTE="db-2, post: 341344, member: 4743"] No elk or moose for me either. But retire and time on my hand so: The wife and i started paying SS in 1969. I have done my own income tax over all those years and my numbers are: Total SS paid in by the wife, me along with the employer over those years totals $415,738. In 69 it was $203 and in 21 it was $460. Started drawing in 2012 at age 66 and wife also at age 62 based on my SS income. I retire at age 73. Since then and including April of this year we have received $413,403. Am close now to getting the funds we put in over those years. Did pay income tax on that income and it probably was around 20% of the funds we did receive back to Uncle Sam. Thanks Gore. About 7 years ago i did calculate on what those funds would have been with a 3% return and the number at that time was over $500,000. Will need to update as i have time until we go to northern Canada and shed hunt again after a lapse of 3 years. At least we hope for that. Yes, SS is a big part of our retirement no matter what they say. Just hope it keeps up and we live another 10 years with good health and just maybe we will get back what i consider a good return as it does provide a good share of our retirement. Have not touch our savings these last two years. Just not sure were the wife spent all those funds. db [/QUOTE]
Verification
What is the most common fish caught on this site?
Post reply
Recent Posts
HUMIDITY
Latest: Davy Crockett
Today at 12:36 AM
Yellowstone tourist again.
Latest: Rowdie
Yesterday at 10:12 PM
***FOUND***
Latest: Honkerherms
Yesterday at 9:28 PM
Bbl Tech/Gain Twist Extreme
Latest: svnmag
Yesterday at 8:58 PM
Golden walleye
Latest: Sum1
Yesterday at 6:42 PM
MT Governors Cup 2026 results
Latest: Rowdie
Yesterday at 6:31 PM
NWT
Latest: Rowdie
Yesterday at 5:21 PM
Yellowstone tourist again.
Latest: shorthairsrus
Yesterday at 4:29 PM
S
BWCA closed.
Latest: scrotcaster
Yesterday at 3:44 PM
Old Lowrance
Latest: Davy Crockett
Yesterday at 2:46 PM
S
Buick Enclave/Chevy Traverse?
Latest: SLE
Yesterday at 2:12 PM
S
Yellowstone tourist again.
Latest: snow2
Yesterday at 2:03 PM
J
FLOCK Cameras...Thoughts
Latest: jdfisherman
Yesterday at 12:09 PM
L
Polluting ND
Latest: LBrandt
Yesterday at 8:22 AM
"Jig" YT
Latest: svnmag
Sunday at 10:55 PM
Clear Cranks/Jerks YT
Latest: svnmag
Sunday at 8:55 PM
Willie's
Latest: svnmag
Sunday at 8:46 PM
Food porn
Latest: tikkalover
Sunday at 2:50 PM
Generation X
Latest: Rowdie
Sunday at 2:28 PM
Uncle Ted (again)
Latest: Rowdie
Sunday at 2:23 PM
Boat Ramp Play-by-Play
Latest: Rowdie
Sunday at 1:24 PM
Friends of NDA
Forums
Hunting
Big Game Hunting
Elk
SS Income
Top
Bottom