The various SS Optimization programs I've used all assume that the current benefit structure / payment promises remain in effect over ome's entire lifetime. But this is the same as assuming Congress modifies the SS payroll contributions to prevent the Trust Fund from running dry by 2034. Have you run simulations based on the SS Actuaries intermediate estimate of a 21% benefit drop after 2034? Does this significantly change the optimal claiming strategies? My personal expectation is that the roughly 1/3 of SS recipients who get >=90% of their income from SS will not see a reduction, but the rest of us will see an even larger SS reduction as a result. How would that scenario affect the optimal SS claiming strategy? These questions are very important since I'm 63 and my wife is 60 and the "standard optimization software" (such as MMSS) tells both of us to delay until age 70. (I'm a Ph.D. Engineer and can create a spreadsheet to figure this out. But I NEVER create something that someone else has already worked out!)

Hi,

Sorry, but the answer is no. The maximization software available on this website allows users to run numerous what-if scenarios, but not scenarios based on assumed future changes to the Social Security laws. Our software has been updated to fully account for all of the changes that Congress has made to the Social Security Act up to now, though, including the most recent amendments passed in October of 2015.

Best, Jerry