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When to take Social Security Retirement Benefits - Wife early, Husband late

This video discusses when to take Social Security Retirement Benefits for the common case where a husband had higher earnings than the wife.

The strategy discussed here is to have the wife take reduced benefits early, while having the husband delay his receipt of retirement benefits.

The key here is that when the husband passes away first (a common occurrence), the wife will see a step up from her reduced benefits to her spouse's higher benefit level.

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Want to increase Social Security retirement benefits after you've started to receive benefits? Go ahead!

This video shows how to increase your retirement benefits even after you've decided to take payments.

Let's say you took early (reduced) Social Security retirement benefits starting at age 62. Now you want higher benefits. Can you get it? Sure! Just file Form 521 - Request for Withdrawal of Application.

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Social Security Benefit Calculator from Heritage Foundation

This is an interesting short video which shows a rate of return calculator which compares your return on your Social Security taxes with what you might expect if you retained the taxes and invested the money in a stock and bond portfolio.

The calculator is at http://heritage.org/socialsecurity

Compare this with our Social Security Benefit Calculator.

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When to take Social Security Retirement Benefits - Wife early, Husband late

This video discusses when to take Social Security Retirement Benefits for the common case where a husband had higher earnings than the wife.

The strategy discussed here is to have the wife take reduced benefits early, while having the husband delay his receipt of retirement benefits.

The key here is that when the husband passes away first (a common occurrence), the wife will see a step up from her reduced benefits to her spouse's higher benefit level.

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Good Article on Social Security Benefits for Divorced People

This is a good article which outlines Social Security benefits for divorced people. The article refers to "divorced women", but it also applies to divorced men (especially if the woman had higher earnings).

Excerpt :

The law says a divorced woman, who was married to her ex-husband for a minimum of 10 years, is due essentially the same benefits as a woman who is currently married to her husband.

National Social Security Advisor Certification Available

If you're looking for advice on Social Security benefits, it may be useful to find someone with the "National Social Security Advisor" certification.

Although the NSSA appears to be a privately issued certificate, it seems to convey some level of knowledge about Social Security benefits. Finding a financial advisor with NSSA certification may be something worth exploring.

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Not affiliated with the US Social Security Administration