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Social Security Benefit Cuts

What About Future Social Security Benefit Cuts?

I'm curious if your software, in an effort to maximize life time benefits, has considered the possibility of a 21% cut in benefits in 2034? Is there an option to run that scenario? I'm 64 and waiting till 66 to begin my spousal (she began at age 62 3 yrs ago) and letting mine grow till age 70. However, if I am going to see a big cut 12 years after starting, it could make sense to begin mine now and draw a benefit for 6 extra years before any cut. Thoughts?

Friday, June 24, 2016 - 10:45
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