Thank you for that. It is what I was hoping to hear. Plan on living off the SS payment and 401K investment, unless of course the market tanks.
I will be fully retired at the end of February. No longer receiving a paycheck. You might have misunderstood my question and I probably didn't state it correctly. I just want to know if I will have to continue to pay into SS and Medicare and any other taxes.
Going to be receiving my first check in the middle of March.
Am wondering what taxes I will continue to pay from my working life? Will I still have to pay social security taxes? What about medicaid? Any info greatly appreciated.