It seems that my husband is going to be "redundant". We have been playing with various "what if" scenarios.
We are both 62. Have adequate retirement savings and a 36K non cola pension. We will have MAJOR health insurance cost per month but will pay the cost. We are considering applying for SS benefits at age 63. DH would get ~1860//mo at age 63. I am 2 months younger. I do not have enough credits on my own. Would my benefit at 63 be 1/2 of the $1860/mo.  I am confused about how the "early reduction" of benefits works. I have indeed read most of the postings.
To clarify the age issue.........I would wait until my 63 birthday to apply.
We are considering this so as to give our bloodied investments time to recover if my DH can't find other employment.
Thank you for your help.
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