Originally Posted by
Andy
Does anyone know if I can collect Social Security at the same time as Long Term Disability? A retirement age extension only means LTD to me - consider it the 'new' pilot pension.
One only has a finite shelf life before they expire. And the last few years prior to expiry are usually marked with reduced mobility and health complications.
Personally, I want to spend a decent chunk of my kids' inheritance before I check out. I don't want to grow it by spending some precious years working. If one doesn't have a decent chunk of money saved by 65, I guarantee that they won't after any age increase. You can't fix spendthrifts by increasing retirement age.
I must be getting old and senile because I'm not seeing any indication out there that ICAO is pushing for further age increases...
Agreed. 67 is too old for me. I’m not aggressively preparing for retirement to fly well into my golden years.
On a side note, since you’re a retirement expert, can you roll over post-tax money to an IRA? You can access an IRA regardless of employment status. May be a good strategy to prepare for the age change.