Hi, Larry. My husband is physically and psychologically ready to retire by age 62. I started taking SS at PIA ($224). We are trying to decide if we should spend down some of our $560,000 in savings in order to delay his PIA SS for him, and then take it at age 64 or 65. We think we could be comfortable on $50,000 a year.
Thanks, Jan

Hi Jan,

There are too many variables involved in your situation for me to be able to advise you based on the limited information in your question. I would suggest using the maximization software available on this website in order to explore your options and determine the best overall filing strategy for both you and your husband. Or, you may want to consider using our Maxifi Planner (https://maxifiplanner.com/retirement-planning-maxifi), which should be able to help you with your overall financial planning.

Best, Jerry