what is the best strategy for us. I was born in 1953 and my social security is double my wife's. She was born in 1952. I intend to wait until 70 to collect. What should my wife do?

Hi,

My best guess with that limited information would be for your wife to file for her benefits either at age 66 or when you reach age 66. That would then permit you to draw spousal benefits from age 66 until age 70, at which time you could switch to your own record.

However, I couldn't give you a recommendation without a more precise estimate of your and your wife's full retirement age rates, and a number of other variables may be involved that could affect your strategy. You and your wife should strongly consider using the maximization software available on this website in order to compare your options and help you choose the best option.

Best, Jerry