I will turn 66 in February of 2017. My husband will turn 66 in November of 2017. My husband is the primary breadwinner and has been very successful. I have earned much less (and my social security will definitely be less than my spousal benefit). We are both in excellent health at this time. Fortunately, we have enough means not to have to rely on social security to provide for our needs. We would like utilize the best strategy in applying for social security. What would you suggest? Thank you so much for your time and your expertise.

Hi,

Assuming that your own benefit rate would be less than 50% of your husband's full retirement age benefit amount (PIA) even if you waited until age 70 apply, it would likely be best for you to start drawing your own benefits at age 66. In your husband's case, it would likely be best for him to wait until age 70 to start drawing, at which point you could also apply for an excess spousal benefit on his account.

Remember, though, this is just an educated opinion based on the facts as described in your question. You may want to strongly consider running the maximization software available on this website for a full analysis of all of your filing options.

Best, Jerry