Hi, we are now living on one to two paychecks agead. I will be 62 in october. My wife is 42 and we have a 7 yr old with celiac and a 5 yr old. I'm looking at taking my SS at 62 just so we can break even a bit. The SS calculator says $1420/month for my SS. Any suggestions Thanks, David

My wife and I are both US citizens. I am 72 and have been drawing Social Security for 8-10 years. My wife is 63 and is still working.
What should we do?

Thank you for your help.

Greg

Hi Greg,

My dob is 10/21/46. In 1980, I married Nick who died in 1985 at the age of 35. In 1990, I married Dan, dob 8/10/54 (8 yrs. younger than I). We divorced in 2012. Since my divorce, I have been collecting SS benefits on the work record of Nick, my deceased first husband. Next month, on 8/10/16, Dan, my divorced husband, who was a higher wage earner than me, will turn 62. My understanding is that I can then start collecting on his earnings record, if it is a larger sum than I am presently collecting on Nick's work record.

My wife took social security at age 68 on her work record. I, her husband, took my SS at age 70 on my work record. When can my wife switch and receive half what I am receiving?

Hi,

I assume you mean that your wife's benefit amount is more than half of yours, and she elected to take her own benefit as opposed to taking the lower spousal benefit first, then switching to her own record at age 70.

My wife started taking ss at age 62. She turned 66 on May 15, 2016. I was hoping to file and suspend when I turn 66 on January 16, 2017. It sounds like my wife turned 66 two weeks and one day too late. Am I correct?

Hi,

No, it doesn't sound like it. In the first place, you don't want to file and suspend when you turn 66. Instead, you want to file a restricted application for spousal benefits only effective January 2017, then you can apply on your own record effective January 2021.

My birth date is 3/2/49 and my current plan is to wait until I am 70 to take SS benefits. My wife's birth date is 3/18/56. What is the best strategy for optimizing our total SS benefits?

Hi,

Hi, my birthdate is June 1950. Struggling as a caregiver to take care of my husband who had an eleven year battle with Parkinson's disease, I took my social security benefits at age 64, exercised the 1 year pay back option and resumed social security benefits in March of 2015 to pay bills. He passed away in December 2015.

Hi, I am 61 housewife, and I have been married to a man 25 years older than myself for 30 years. We have 4 children. I have not made enough income in my lifetime to qualify for very much social security. I have declared income of $47,000 for the past two years. My husband's mental and physical decline is getting worse. I need to know what the best plan for me and my fourth child are going forward. We have asked for help from Social Security and they answer the questions differently each time. I am very interested in the $250.00 consulting program. Thanks, Catherine

I will turn 66 mid July, and am working full time with an annual sLary off @60k. I plan to work for maybe 10 more years. My wife is 52 and working full time, and will be for many years to come. Question is should I start to draw my SS benifts now, at full retirement age, or wait until age 70? How will this effect my wife's claims going forward?

Hi
Bought Get whats yours book and you are often quoted but I'm still lost (!)
I turn 65 in July, still working. My wife is 62 and still working. Do I have to file by my 65 birthday ? I plan on still working and will probably suspend and benefits until I do retire.
Thanks for any advice you can lend

Hi,

Your full retirement age is 66, so if you file for monthly benefits now, they will be permanently reduced. However, you can file for Medicare benefits at age 65, so you may want to do that if you haven't already done so.