I’m 61 and my wife is 59. We are financially in good shape with no need to take SS early for living expenses. We are both in good health, my wife still works, I’m retired from my business, but still manage and do maintenance on rental properties we own. We have no debt. My question, is it better to take SS early, 62, and invest that income or wait for full retirement.

Hi. This seems to be the question of the day. Here is a link to an article that Larry wrote on this topic: https://www.pbs.org/newshour/economy/take-social-security-benefits-early....

It sounds like at least one of you, either you or your wife if not both, should probably wait until age 70 to start drawing. If the one of you with the highest benefit rate waits until age 70 to start drawing, that would allow the surviving member of your couple to be able to receive the highest possible survivor benefit rate.

That said, the optimal strategy for you and your wife depends on numerous factors, and only the two of you can really decide what you believe is best for you. You may want to strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully analyze all of your options so that you can determine what you feel is your best strategy for maximizing your benefits.

Best, Jerry