Someone just told me her husband was going to get $2000 per month and they think thats not enough. He is not even 60 yet.
Is she full of crap?
2007-01-29 05:09:46 · 5 answers · asked by Mr nice guy 2U 5 in Politics & Government ➔ Government
$400
2007-01-29 05:16:52 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The Maximum amount of Social Security for a person who reaches full retirement age in 2007 and has had 35 years of maximum earnings is $2,116.00. If someone is drawing prior to age 62, they would have to be on Social Security Disability benefits.
2007-01-29 05:41:47 · answer #2 · answered by LiL EarlE 2 · 0⤊ 0⤋
No she's not full of crap. He could get that much, depending on how much he's worked & paid into the funds over time. $2000 a month is a LOT to live on. If they can't live on that, tell your friends to give the money to me! I'll budget it & live high on that proverbial hog just fine! Kidding aside, they sound like their used to living on more money for the month. Well when you retire or become disabled, your monthly expenses need to decrease.
They need to rebudget their household finances, putting the mortgage or rent first if there's a payment, electricity, gas, water & trash (not everyone has to pay these seperate, depending on type of dwelling, home, condo, apartment, mobile home, etc). THEN comes groceries, wired/land phone, cell phone, internet, gas for the vehicle(s), insurance & entertainment which includes dining out, movies, theatre, etc., not necessarily in that order of course.
It takes a bit of work to cut back on things like eating out or going to Starbucks 2-3 days a week. It will also make those times more enjoyable when you do get to go out. Grocery shopping has to change too. Planning weekly or bi-weekly menus helps, remembering that the meals for each day are completely flexible.
I've gone from living on $2,000-$3000 a month to 1/2 that on SSI for myself & my son. It's been a tough reorganizing bills & our expenses but has been well worth it.
I've cut the wired/land phone to the bare basics, keeping Caller ID, Call Waiting, Voice Mail & paying for Call Fowarding (I use it on weekends & holidays). On my cell phone's family plan, I removed text messaging that was only being used once or twice a week & took the plan minutes down to 700. That's still a lot to share but most of the minutes are M2M(mobile to mobile) or weekend minutes. If I could take it lower, I would, but it's not available for the provider used. On the cable, I cut it down to digital basic. For $5 more, I get HBO & can cancel it at any time. We plan our errands carefully, making one trip for all errands, if possible. This saves gas & a tank of gas lasts almost 14 days. My mom has a deep freezer so I can buy extra bread, lunchmeat, hot dogs, etc to store in the freezer for later. She & I also buy a few bulk items to share.
Like I said, it takes some work to reorganize things & it can be done. The rewards will be well worth the long effort!
2007-01-29 05:38:10 · answer #3 · answered by Belle 6 · 0⤊ 0⤋
The highest I have heard was $1800 a month, and they maxed out paying in by September every year for the last 5 years that they worked.
2007-01-29 05:29:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I never heard of anyone getting that munch money tell him go get a job then.
2007-02-02 03:13:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋