steady saver
Full time employment: Posting here.
- Joined
- Apr 10, 2013
- Messages
- 506
I was having dinner with my sister and BIL last night and she announced that she'd be taking SS next year when she turns 62 and her husband who is a year younger will take it when he's 62. BIL said that if he dies, she will be entitled to 50%. I get all of that.
But is there any kind of offset, given that she is taking hers earlier?
It seems to me (though I didn't offer my opinion) that if he could wait until FRA of 67, she'd be in a much better position, correct? I wouldn't say that they "need" the money, only that they spend a fair amount and she'd like the money now. Hers doesn't amount to a huge amount so I'm just curious how that all pans out.
Anyone have more insight than I do? And obviously, they can do whatever they want. I'm more curious than anything.
But is there any kind of offset, given that she is taking hers earlier?
It seems to me (though I didn't offer my opinion) that if he could wait until FRA of 67, she'd be in a much better position, correct? I wouldn't say that they "need" the money, only that they spend a fair amount and she'd like the money now. Hers doesn't amount to a huge amount so I'm just curious how that all pans out.
Anyone have more insight than I do? And obviously, they can do whatever they want. I'm more curious than anything.