I have been reading your book, Get What's Yours, and I think my husband and I fit the old law qualifications for file and suspend. In 2015 he turned 66 and began receiving benefits. In 2015 I turned 62. We have been small business owners most of our 46 years of marriage. We don't have lots of money, so getting the most we can is important (I know, I'm no different than all the others : ] ) I am unsure of our next step. I think when I turn 66 in 2019 I should file and suspend and claim spousal benefits. Does this seem correct?

I will be 67 in August and my wife will be 69 in Nov. When should we start drawing our Social Security? We both are still teaching, I will be entering my 45th year as a full time teacher and my wife, who has never been full time, will be entering her 38th year. Should we even consider drawing SS?

Hi,

Larry,

I am 68 and started collecting SS at age 64. My wife collects spousal benefits (50 percent of mine) and wants to wait 3 more years to collect her own at age 70. Although we are fine from a financial standpoint in terms of retirement savings and her teacher pension we disagree on whether her delaying until age 70 makes sense. If Congress does nothing to strengthen SS finances, I am concerned about the projected 23 percent reduction in benefits by 2033. What do you feel is the better strategy for her / us? Wait 3 years or for her to collect now at age 67?

I am 60 and my wife is 58. We have two children, one who was determined to be disabled as a minor by Social Security. For my age group, I believe file and suspend is gone. I would like to wait until age 70 to start drawing my SS benefit so that my son will accumulate a larger benefit for his life once I begin to draw my SS benefit and also after I die. My question, can my wife draw her own benefit at 62 and not change the above scenario?

Applying for ss this yr. age 66. This week. Wife age 64. Handicapped son age 33. Lives with us What benefit
Should I anticipate for family benefit. I have always paid max into ss my entire life.

Any thoughts as to claiming. Or things I should avoid.

Hi,

Hello,

Hi Larry,
Good morning!
I will be 66 in November this year. Would that be wise if I start filing that month? And I would like to lnow how much will I get benefit per month?
Other than that, I have a small home care business (Taking care a person with mentally disability) . Would that this business will affect my Social Security benefit?

Please be advice. Thank you in advance.

Hi,

I was born 1/12/58 and retired from a high-paying job last year (with 31 years of SS eligibility); I am planning to wait till I turn 70 before I file for benefits. My wife was born 10/3/62 and stopped working years ago. For the past 5 years we have been running a successful B&B and now we are both doing this full time; we expect to continue for at least another 5 years. I expect my wife's spousal benefits off my earnings will be much higher than her own benefits. I was wondering:

My husband is 64 (born 9/53 & "grandfathered"), retired, but not on Social Security yet. He can wait until 70. His PIA is slightly more than double mine. I am 63 (born 12/54 and NOT "grandfathered"). I can cut back my hours to make about $12,000 if I start taking Social Security now. (I can cut back to $0 once I hit 65 and go on Medicare). Should I file for mine now? Can I change to Spousal when my husband hits 70? Can my husband claim Spousal at 66 and collect his at 70? Or is it better for me to wait until 66 or 70? I have scheduled an appt to go in to file in 2 weeks.

I was married for 13 years divorced now for 25 years and never remarried. I'm 65 and will be 66 in September 2018 and looking at retiring in December 2018 at 66.
What would be my best option to optimize apply for SS now that I'm single?

Thank you - Ross

Hi Ross,