You are so wrong. Taking social security retirement money at the earliest is always right. The extra money from delaying is merely 2% net of inflation. The break even year for delaying from 62 to 65 is 7 years.
Does 35 year calculation include working year at 67 to 70? Such as, one worked thirty years at 66, if one still work to 70, does years from67 to 70 will be count in?
Sounds good but have you compared two scenarios - one starts takes society security at 62 years old and another person starts taking society security at 70. At what age will they break even? Why all the media keeps taking about the idea of delaying social security benefit. I see one good reason for not taking society security early is this person still prefers working than retiring
Qualifying widow(er)s must have been married to the deceased spouse for at least 9 months and have not remarried before the age of 60 (50 if disabled) ( SSA 2007b). www.ssa.gov › docs › ssb Research: Women, Marriage, and Social Security Benefits Revisited
Very informative. Isn't the law has changed to stop the loopholes of switching benefits of yourself to spouse's benefits to take advantage? Please clarify if your strategies still work now. Thank you!
That's not true. You can still get your husband's half retirement benefit. He does not have to start taking his social security benefit, but he has to apply and hold his benefit so you can start to get your benefit. You need go to social security office to do it with your husband. You can also wait if you don't want to get the extra money.
Bad advice! It is NOT the later the better! You cannot enjoy life when you are old. Life is a multi dimensional thing, you cannot just look at how much ss you get per month!