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What Is the Best Strategy For Us To Maximize Our Social Security Benefits?


I am 60 and married to my wife Traci, who is 62. Traci is a homemaker, and not qualified for her own social security, while I'm fully qualified. We can afford to wait as long as we can to claim the benefits. So, what is the best strategy for us to maximize our social security benefits?

Thanks in advance,
Al


Al,
Your best strategy depends on you maximum age, but If both you and your wife are in good health, you will maximize your lifetime Social Security benefits by delaying your retirement benefit until you are 70 and your wife taking her spouse's benefit at that time.

Thanks,
Mike

Posted:
July 31, 2016