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I’m 67 with a $140,000 pension. Should I wait until 70 to claim Social Security so my wife gets more?
A 67-year-old individual with a $140,000 pension is considering delaying Social Security claims until age 70 to maximize benefits for their spouse. They express concern that retirement income would drop to $30,000 annually after their death.
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- ‘We have longevity in the family’: My sister is turning 67. Should she wait until 70 to claim Social Security?
- ‘I always did the graveyard shift’: I worked for 54 years. Why on earth would I wait to claim Social Security at 70?
- Am I better off claiming Social Security early and investing the money, or delaying until age 70?
- My friend, 62, earns $20,000 a year. Should she take Social Security now — and claim survivor’s benefit at 67?
- I’m 65, widowed and collecting Social Security survivor benefits. Should I claim my own benefits now?