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What Happens to Social Security Did Not Work 35 Years

Wisdom Investor 13 views

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What do you think is the biggest concern right now with Social Security or the retirement process?
Comment from : @wisdominvestor

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money I started investing with $120k and in the first 2 months , my portfolio was reading $274,800 Crazy right!, I decided to reinvest my profit and gets more interesting For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family
Comment from : @YinusaSaheed

U forgot those early years of work need to be index for today’s worth !
Comment from : @nickphang2293

Good to know, thanks
Comment from : @CafeLu

So in this example you’d work an extra 10 years for an additional $833 per month?! No thank you
Comment from : @bobbyboombeck

Can I get my social security pension if I work only 10 yrs and I’m already 75 yrs old? Thanks
Comment from : @Paterno-el7rb

The benefit amount on my SS statement and SSgov account are they accurate? I was born in 1960 and my FRA is 67 I retired from work 10 years ago at age 53 1/2 and have slightly less than 35 working years I am currently 64 y/o So on my SS statement, it shows 0's from 2014 until now (2024) I plan on drawing my SS benefit in about 1 1/2 to 2 years from now at age 65 1/2 to 66 depending on the remaining balance of my Roth IRA I just want to know if the $$$ shown at age 65 to 66 is what I will actually receive (understanding that Medicare will deduct from that amount) I`ll be enrolling in Medicare in one year from now at age 65 and will have to pay out of pocket for a little while until SS kicks in I just want to know if my SS statement $$$ amount is what it will be knowing that I left work 10 years ago
Comment from : @jeffreyg201

What if I worked only 20 yrs and I retired at 62 but I delayed taking my social security and I took it at age 67, with no income and no additional social security contributions between age 62 and age 67 brbrWill I get full benefits if I took it at 67, even though I made no more contributions between 62 and 67?brbrThanks
Comment from : @bossydedrypp5165

Slavery Inc What if you raised orphaned children with a broken neck and back? Answer; you don't matter
Comment from : @HarpsNHandGrenades72

Thank you for this helpful information I remembered hearing about minimum 10-year work but just realized about the 35 year rule
Comment from : @AkinoriKobo

I have a lot of $0 years due to working on federal grants which were not SS taxable I started taking SS about 15 years ago I now am working and making some SS taxable income, as in your example WHEN do these years result in recalculation of my benefits, replacing $0 years Every year? Is it automatic? THANKS
Comment from : @drpauljwatson4582

3:22 you don’t mean go back in time and earn wages? You mean go back to work ?
Comment from : @alex182618

If you didn't work at all they give you full whateverbrIf migrant or non input you get it but if local part there off
Comment from : @joprocter4573

Question; can I request to have Social Security take extra money out of my paycheck (OASDI) so I could have a bigger Social Security check at my full retirement age?
Comment from : @SilverHonda0767

If you work 40 years do they count those years
Comment from : @dariogiannetti1452

Didn't work at all? Congrats on living your life! Now it's time for the real work
Comment from : @jtjimenez05

Thanks for explaining
Comment from : @phsx2890

The government took our social security and stuck the money in the general fund which the crooked politicians used to make up their evil money supply to line their pockets Also the 14 that our employers put in
Comment from : @robertkinnie8985

I am 61 and worked 27 years (time off to raise my child) if I apply for benefits at 62 and continue to work will my benefits increase, if I make it to 35 years of work?
Comment from : @krg9942

Can we start withdrawing our SS benefits at age 59 1/2?
Comment from : @NazFanz

I’m an immigrant and worked only 22 yearsin 3 more years will be eligible for retirement at 65, but just found out that my SS payment will be only $800 I can work 5-7 more years, but it won’t be much difference
Comment from : @victoriacousins4501

This was extremely helpful, thank you! I’m considering retiring early and had been trying to determine how that would affect my benefits
Comment from : @susanglynn1630

Thanks for this videoI’m on the same boat! Divorced in 2016 so I decided to quit my job at 53 and retire early Currently I’m stuck in the Philippines with this pandemic in a positive way I’m born here and really thinking of getting a Filipino citizenship so I can stay here and not have to do visa extensions It’s way cheaper to live hereDollar to peso!
Comment from : @amaliahightower

I’m only 53 worked about 18 years total because of raising kids I’ve been married over 20 yrs and thinking of divorce in my future I’m unable to go back to work because medical reasons but I haven’t been able to get disability Would I still qualify for part of my husbands SS if I stay married or not??
Comment from : @Grkdevil

It's required to be married for 10 full years in order to receive social security based on spouse's income? Is that new? I thought the amount of time one had to be married was far less than 10 years
Comment from : @rdelamadrid

Richard I will appreciate if you do a video on how to pay off your mortgage with a heloc or personal line of credit I have seen a few videos on this what's your take
Comment from : @sergiohernandez-fz2xx

I am 58 1/2 with $750,000 in my retirement portfolio and intend on retiring at 66 I hope to be able to delay taking SS as long as possible
Comment from : @crimsonpearl4686

I am 64 years old I will be 65 in a couple of months I heard about a do over Can you explain if I should do it?
Comment from : @marieangeles5139

im 61 now thinking about taking social later because of inflation thinking about starting to run down my ira first as long as stock market doesnt crash
Comment from : @joebush5463