Hi
Bought Get whats yours book and you are often quoted but I'm still lost (!)
I turn 65 in July, still working. My wife is 62 and still working. Do I have to file by my 65 birthday ? I plan on still working and will probably suspend and benefits until I do retire.
Thanks for any advice you can lend

Hi,

Your full retirement age is 66, so if you file for monthly benefits now, they will be permanently reduced. However, you can file for Medicare benefits at age 65, so you may want to do that if you haven't already done so.

There are many possible strategies to consider, but the best depends your and your wife's benefit amounts, and whether or not your wife was born before January 2, 1954. If she was, she still has the option of filing just for spousal benefits only at age 66, then switching to her own account at age 70. Her doing that, coupled with you waiting until age 70 to apply may be the best plan, but I can't say for sure without much more information.

If you haven't already done so, you may wish to run the maximization software available on this website. That will prompt you to enter all of the data needed to arrive at your best strategy.

Best, Jerry