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Working Collectingn Social Security After Full Retirement

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I will reach full retirement age in March of 2014. I manage a convenience store and my boss, who is a couple years older than I,  has indicated he would not sell the sotre as long as I am willing to manage it. (I live in Vegas and the store makes a nice slot machine income) Retiring at 66 and continuing to work in my management capapcity (28,000/year) seems very attractive. I would collect 1100$/ a month in S.S. benefits which I then could put into investment accounts. The company has had no retirement plan and what little I have in retirement came form inheritance. Does my plan sound like a good idea. Is there a downside I am not seeing?

Thanks for any input.

Ken
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Working Collectingn Social Security After Full Retirement

1,154 Views
Message 1 of 2
I will reach full retirement age in March of 2014. I manage a convenience store and my boss, who is a couple years older than I,  has indicated he would not sell the sotre as long as I am willing to manage it. (I live in Vegas and the store makes a nice slot machine income) Retiring at 66 and continuing to work in my management capapcity (28,000/year) seems very attractive. I would collect 1100$/ a month in S.S. benefits which I then could put into investment accounts. The company has had no retirement plan and what little I have in retirement came form inheritance. Does my plan sound like a good idea. Is there a downside I am not seeing?

Thanks for any input.

Ken
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