I am currently 66 yrs old and just recently retired. My late husband received SS disability payments from 2004 untill his death in 2013. I continued to work but also applied for survivor benefits which I continue to receive. Would you recommend that I begin drawing on my own retirement benefit or continue to draw on the survivor benefit until age 70? I did call SS and if I switch I would collect about $240 more a month. Thank you!

Hi,

From your description, it sounds very clear that you would likely be much better off waiting until age 70 to switch to your own account. You'll be giving up $240/mo. for 4 years, but in return you will receive a 32% higher monthly benefit for life.

You may wish to run the maximization software available on this website for a complete analysis of your filing options.

Best, Jerry