- posted 7 years ago
Recently, I've run some numbers regarding the value of delaying taking Social Security.
It's really quite amazing, and pretty easy to see when you're talking about a single person putting off taking it for a year. But when you get a couple, particularly when both of them have earnings, it can get very complicated.
This article I saw today explains a couple of the issues pretty well:
The author, Scott McLeod, a NAPFA-Registered Financial Advisor, answers a specific question regarding a spouse taking benefits, but in the process, he adds some great information about a couple of strategies:
Also, Larry Kotlikoff has a regular column on now about Social Security and related issues. Always worth reading:
-- David S. Meyers, CFP® http://www.MeyersMoney.com
Click to see the full signature