My husband is 62 and has minimal income. I am approaching 50 and have a well paying job. We have been discussing whether to wait until he turns 66 to start collecting social security benefits so that he gets the full amount. However, with all the recent political talks regarding cutting SS benefits, should he collect now? Since he's already 62, do you think any changes passed by congress will affect his current or future benefits? Should he collect now in case they change the early retirement age? Thanks for your help.

Hi,

I can't see the future, but I'd be shocked if Congress passed any laws that would affect the benefit rates and filing options for someone who is already at least age 62. So no, I don't believe that your husband should file at age 62 simply due to concerns about potential future changes to the Social Security laws.

Your husband may want to consider using the maximization software available on this website. That way he can explore and compare all of his filing options in order to determine his best strategy for claiming benefits.

Best, Jerry