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I served 20 years, 8 months and 3 days. VA disability and retirement pays me about 6,000 per month until I die. does that count. We ( my wife and I together, had close to 1,000,000 for a minute. Until TTCF went bankrupt. Now we are 1/4 millionaires.)

Cash replacement

Its about 3.25% . . . I knew the answer already. But thank you for getting the answer out to everyone.

#4 less than 5%

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JOSH ! Thank u always for all ur great guidance. Best wishes from good ole Meg

Amen Josh

Added up my accounts and retired at 58. 7 years later. It's the best thing I ever done. I feel so blessed.

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Today, I was thinking it would be nice to retire. Some times there is just annoying stuff at work.

Thank goodness I retired when I did. I planned a big move from Atlanta back to the Midwest because my family was there. I retired and moved and loved being back in the same town where my family was. It broke my heart because 3 months later my sweet dad passed away🥲💔 I will never regret my decision and enjoyed every day of those 3 months!!

You can always make more money but you can’t make more time! ⏳

You can always make more money but you can’t make more time! ⏳

👍👍

Josh, you can’t say crappy when you are praying 😉

Josh, listening to you gave me confidence to retire! Yes, time is our most precious asset

Democrat entitlements to millions of illegal immigrants that have contributed nothing to the system is robbing all Americans

HARRIS2024. Anyone but a dictator.

Most people watching Josh will run out of time before they run out of money. Time is the most precious commodity.

Ditto…U-De-Retirement-Man!! You have explained more that I understood than others. For some strange reason you make sense!

I thought you were thanking your viewers, nah.

In agreement, Amen.

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You're doing meaningful work.

OK Josh....This is legit....You actually have me thinking now about time. I consider myself to be a hardcore worker, but honestly for the first time, maybe I need to relax and think about retiring. Thanks for this channel and the info you provide. I do not always agree with everything you say, but it is always thoughtful and meant to provide insight for us. Thanks!

Amen, Josh. Josh, I give you some credit for my decision to retire earlier than I originally planned. I think this is day 11.

My wife and I are in our mid 60s. As a teacher she does receive a pension (she never worked outside of education). She gets no SS benefits: she never will, due to the GPO. She will likely outlive me by 10 years. When I drop dead, 100% of my SS stops. No spousal benefit, ever. She probably should have worked in private industry, in retrospect.

Have to disagree Josh. If you don't contribute to SS then you don't get the benefit of those years. To give her the full amount is not fair to others who had to pay the fica tax. It would also be compounding the problem with an already underfunded system. She should have been funding an ira during those 7 years.

The average American is the foundation of this nation's economy, therefore if their money vanishes, unemployment will rise and the message "You have an unexpected month" will emerge. If you have a lot of student loans that are coming due, that money will run out very soon

There's no good solution to SS for the working/middle class folks. As it sits now they're going to push back the retirement age just as I'm eligible for the benefit.

This is why I laugh when people say trump has turned the party into a party of populism. R’s DGAS about working class and middle class. I bought the trickle down bs for 30 years. Fixing SS should be the #1 issue today for both parties.

My mother in law is completely dependent on SS. And I mean COMPLETELY. Yet, she votes for the party that shit talks on SS. Hmmm…

Josh, this is a very important subject and I use these all the time. I finally found a book on buffered ETF's and I thought you would find it very informative. But I don't find an email of you. How can I email it to you?

74% have it!!!!

Perhaps they should stop allowing any employers or employees to opt out of the SS system.

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Most of these municipal jobs are lower paid than the private sector also. So it's double punishment.

The bigger question is. Why do workers not participate in SS contributions.

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Wholeheartedly agree!! I retired in 2024 and wish I would have had more cash to bridge the gap before getting my SS. Unexpected things come up and it would be nice to have.

Fan of the show…even when you go on your “black…rants”. Once all Americans (you included) accept that Democrats and Republicans are just different sides of the same straw and together serve to suck the life out of its people; “maybe” the people can move this country back in the direction of “for the people by the people”.

Normally I agree with Josh, but he’s off base on this one. You don’t pay into SS, you don’t earn the benefit! I could come up with a lot things that are actually unfair - that is, they have actual factual basis for correction. But this is not one of them. For example, that SS is taxable up to 85% of it… and the non-inflation adjusted income limits that make SS taxable. How about making some noise about that? This isn’t a “don’t you care” thing. Facts matter.

As a left-leaning person I'm just thinking, "yes, obviously!" Republicans have always been the party of the wealthy and big business. The blue collar shift is a recent phenomenon (at the earliest it probably started with Gore in 2000, and is still happening among non-white voters) and policies just haven't shifted to match. It's kind of ironic, wealthier voters are shifting left even though it costs them more in taxes, and poorer voters are shifting right even though it costs them more in benefits (SS, healthcare, welfare, union protection, etc.). The political divide is almost exclusively about social issues at this point.

My Annuity will have to come from IRA Because that is where most of my money is? In 2024 MYGA Are paying about 5.7% I might to MYGA to SPIA?

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how is it that you're directing this at Republicans? since when do Republicans run Social Security and make these decisions?

Another Great interview Josh! (at first glance I thought you were interviewing Vivian Campbell)

In essence, the GPO is meant to prevent what might be seen as a “double dipping” scenario, where individuals could receive both a government pension and full Social Security retirement benefits based on their spouse’s or ex-spouse’s earnings. The GPO adjusts the Social Security benefits to account for the government pension, reducing the overall amount an individual can receive.