Question #1
My husband started claiming his benefits at age 64.
His benefits are about half of mine.
Can he claim a portion of MY benefits to increase his SS?
Question #2
I have two years before I'm 70, max SS benefit.
The difference if I wait instead of claiming now is a couple of hundred dollars a month
I've been thinking about claiming now because
- It would provide a buffer in case my work lags as I get older
- I could accellerate paying off the little bit of debt I have now
- I could stash it in the bank and increase my savings
Do those "pros" exceed the "con" of getting a reduced benefit for the rest of my life? I am in good health. Females in the family tend to live to 80-90. Males tend toward heart disease and earlier death.
What would you do?