Hi Larry, I'm single and still working at age 64. My 2 children are healthy and on their own. Is there anything that a single person can do? Would it be a good idea to pay the $40 for your web site review? I plan on working till at least 66 and probably longer. Thanks Larry, Doug Chapin
Divorced Spousal Benefits
I'll be 66 in January 2017 and I was married for 10 tears and divorced never married. Can I apply for divorce suppose benefits and still continue to work and take my benefits at the highest possible value at age 70.
(I think tears rather than years is an interesting slip!)
Hi Larry - I want to make sure I understand. 2 people (husband and wife) exact same age (born 1964), both high earners over many years, 0 children, no disabilities & can afford to wait to age 70. Can these 2 people increase their earnings by divorcing at age 68 and receiving 2 social security checks instead of just 1 reduced/combined check?
Please let me know what you think of this scenario, assuming maximum earnings is the goal. 2 people (husband and wife) exact same age (born 1964), both high earners over many years, 0 children, no disabilities & can afford to wait to age 70. Question 1: Should they get divorced at age 68 in order to earn 2 social security checks (instead of the maximum family benefit)? Question 2: Is there any scenario in which it makes sense to get divorced at age 65 and for one to claim divorced spousal (or their own social security ) between ages 67 to 70 while the other waits to age 70?