Early Retirement Blog

The man responsible for creating the calculation for when you can collect Social Security died today at age 97.   Robert Myers worked for FDR and came up with the calculation for the launch of Social Security.

He was tasked to figure out, at what age workers could retire and begin collecting Social Security checks, and not drain the system out of money.   An average age for the U.S. population so that a retiring person wouldn’t take out more money than he had put in.   His initial calculation said 67 was the right age, but when Social Security was passed, the retirement age was lowered to 65.

That means that Robert Myers collected Social Security checks for more than 30 years, and so in all probability, took out more money from Social Security than he had put into Social Security.

I wonder if Robert Myers would support the Kucinich Early Retirement Plan?

Visit the Green Retirement website and learn how you can retire early, earlier than Robert Myers could calculate was possible, learn how to retire early.