Jobless collecting Social Security early

Forced to Early Social Security, Unemployed Pay a Steep Price

By MOTOKO RICH | New York Times – 13 hours ago






MAR 37.80 +0.26

PALM SPRINGS, Calif. — This retirement oasis in the desert has long beckoned those who want to spin out their golden years playing golf and sitting by the pool in the arid sunshine.

But for Clare Keany, who turned 62 last fall and cannot find work, it feels more like a prison. Just a few miles from the gated estates of corporate chieftains and Hollywood stars, Ms. Keany lives in a tiny mobile home, barely getting by on little more than $1,082 a month from Social Security.

“I would rather be functioning and having a job somewhere,” said Ms. Keany, whose pixie haircut, trim build and crinkling smile suggest someone much younger than her years. “I really don’t enjoy living like this. I’ve got too much to do still.”

As a baby boomer, I totally relate. I decided after being out of work for two years, for the first time in my adult life. To start collecting benefits, and looking into other was of surviving, even though like the woman in the news item, I have so much to still offer, coupled with a new degree completed in 2011. It is getting really scary with this downward spiral in the economy and lack of employment.




~ by silvachiqa on June 10, 2012.

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