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View Poll Results: When Did You or Are Planning to start Soc Sec?
Age 62, as early as possible 103 22.25%
More than 62 but less than FRA 41 8.86%
Your FRA (65 to 67) 71 15.33%
More than FRA age but less than 70 40 8.64%
Age 70, as late as possible 208 44.92%
Voters: 463. You may not vote on this poll

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Old 03-28-2021, 08:16 AM   #181
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The wife started collecting hers at 62. Since I'm enjoying my second career selling real estate I will wait until full retirement age of 66 and 5 months.
We don't need the money but after to many years of drinking and smoking I don't have any illusions about living to 100.
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Old 03-28-2021, 09:03 AM   #182
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70. Mostly to maximize spousal benefits should I pass. If I were single, I'd probably go 62.
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Old 03-28-2021, 03:28 PM   #183
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Aw thanks, Harllee,
I have asked SS for the numbers, to no avail. I have to be more persistent.
Iíve asked for advise about $ on here with some very, very helpful answers.
Iím really afraid to pull the trigger on any investing, because I like
Immediate access to my $. Itís just me and Iím afraid of not doing the right
thing. Therefore, it just sits in my Savings account.
Itís just me and I donít need much of anything.
🌻🦋🌷
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Old 03-28-2021, 03:33 PM   #184
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Quote:
Originally Posted by Joyjoy757 View Post
....
I have asked SS for the numbers, to no avail. I have to be more persistent.
....
Have you tried creating an on-line account with Social Security? You can get a benefit estimate on-line if you do (although I only needed to get one for myself, not as a survivor, so it might be more complicated). Here is the place to start https://secure.ssa.gov/RIL/SiView.action
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Old 03-28-2021, 04:31 PM   #185
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Yes, I have a MySocialSecurity account, but because my husband is deceased, they won’t discuss until they can
confirm my and his identity. I’ve asked them via phone to mail me his $ info about how much I’d receive, but they never sent
anything.
That reminds me - I’ll be on the horn to them tomorrow again.
Thank you! ����
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Old 03-28-2021, 04:35 PM   #186
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Best of luck Joyjoy. It seems that not being able to stand at a window and then have a sit-down has greatly complicated things with Social Security.
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Old 03-28-2021, 04:44 PM   #187
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Yes, I guess it has.
Thank you.
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Old 03-28-2021, 06:25 PM   #188
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Yes, I guess it has.
Thank you.
Joy I had a hassle once with SS and I got my local Congressman involved and he helped me get it straightened out so if SS stonewalls you contact your Federal Congressman.
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Old 03-28-2021, 06:28 PM   #189
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Oh wow! I will, thanks for that!
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Poll: When Did You/Are You Planning to Start Soc Sec?
Old 03-28-2021, 08:30 PM   #190
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Poll: When Did You/Are You Planning to Start Soc Sec?

Quote:
Originally Posted by Joyjoy757 View Post
Yes, I have a MySocialSecurity account, but because my husband is deceased, they wonít discuss until they can
confirm my and his identity. Iíve asked them via phone to mail me his $ info about how much Iíd receive, but they never sent
anything.
That reminds me - Iíll be on the horn to them tomorrow again.
Thank you! ����


Hi Joyjoy!
Iím so sorry about the loss of your spouse. Iím also a widow, my husband passed in 2009 when he was 52. I understand exactly what you are going through. You may know all of this already but here goes....from what Social Security has told me....call your LOCAL SS office and explain that you want a phone interview to discuss taking SS at age 60. They will ask a few questions to determine eligibility and then they will send you a letter which will spell out the exact date and time of the phone call and the documents to have with you to confirm your identity and that of your husband. IE: social security numbers, dates of birth, date and location of marriage, date he passed, if he had started taking his ss benefit, etc.

They will not send the DH official benefit statement and you cannot access it online. However they did send me a list that stated what benefit of his I would receive from my age 60 (his reduced benefit) through my age 66 (his full benefit amount).

I had a very nice conversation with the man from the SS office. He went through the scenario if I took my reduced benefit first at age 62 and let my DH benefit continue to grow and take at age 66. He also went through the scenario of taking my husbandís reduced benefit at age 60 and the long term consequences of that plan.

I understand how difficult this is. Make a list of questions to ask. Look through some Social Security books and scan through the topic on here and Bogelheads. Make sure your finances are in order, know your expenses and your income. Donít make a decision until you have all your questions answered. Most topics concerning Social Security benefits center around couples and when to take the benefits to maximize for couples....itís a little more difficult to find conversations about widows benefits.

A day at a time, my dear. Hugs!
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Old 03-29-2021, 04:51 PM   #191
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We took our pensions at 55 as annuities and SS at 62. Combined they cover all our essential expenses and most discretionary expenses. We try to live well on about half of what we could if we added in savings and retirement accounts. Plus, as I have posted in other threads, most years I find ways to make a fair bit extra in freebies, discounts, contests, credit card games, rewards programs, etc. as a side hobby. We have relatively low overhead in a very HCOL, partly through optimizing expenses / my hobbies and some through dumb luck like Prop 13 keeping our property taxes low, lifetime utility discounts from a former job perk, buying a house before the local real estate market went insane, $2 a month ACA plan and our kids getting 100% grants for college. I still enjoy buying gourmet mushrooms at 99 Cents Only for $4 a pound instead of the local Whole Foods for $16 a pound and investing the difference. Or getting my music free through Freegal from the library instead of paying Spotify a monthly fee.

We like having the diversified income sources between pensions, SS and investments and my hobby / expense optimizing income. By taking our pensions and SS early if we die early our adult kids will have more money in our estate when they are likely to need it more to buy homes or raise kids. We ran the numbers on what ages to take SS and pensions in my retirement spreadsheet with all different inflation and investments rates and decided early worked best for us.
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Old 03-30-2021, 03:35 PM   #192
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Thank you so very much! I called the local office and got all the info I needed.
He was SO helpful. ������
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Old 03-30-2021, 04:01 PM   #193
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Thank you so very much! I called the local office and got all the info I needed.
He was SO helpful. ������
That's great to hear! I love when things work out like that.
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Old 03-30-2021, 04:58 PM   #194
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Thank you so very much! I called the local office and got all the info I needed.
He was SO helpful. ������


Happy to hear that! Good luck with everything.
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Old 03-30-2021, 05:14 PM   #195
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Thank you so very much! I called the local office and got all the info I needed.
He was SO helpful. ������
Joy please ask on this Forum for help on anything. There are lots of smart, good folks here and you will get good advice.
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Old 03-30-2021, 06:19 PM   #196
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Will do, thank you! ��
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Old 03-30-2021, 09:14 PM   #197
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Retired at 62 with a buy out and pension (2014) 6-1/2 years ago from local school district. DH also had a buy out same time and retired a few months after me. The following year I took my social security when I was 63 (2015) and DH took his at 66. I decided I wasnít paying into it any more and though I have longevity in my family and Iím pretty healthy I decided to go ahead and claim. Just decided I didnít want to wait.
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Old 03-31-2021, 05:28 AM   #198
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At 57 its a ways off yet... Ill start drawing my retirement in January, wife still has a few more years before she cant retire... Our plan is to put it off a few years past 62 for a bigger check....and use our 401K money if needed
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Old 03-31-2021, 10:51 AM   #199
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My FRA is 66 and 2 months. I always planned on starting my SS at 65 when Medicare started.

Then I had a few years with some health issues and the last of our parents died and while I certainly wasn't feeling like the end was near, I was feeling less immortal. So I started at 64. We were on Obamacare that year and the SS counted toward MAGI but our HSA contribution offset that.

I was a SAHM most of my adulthood and worked a very part time job (specifically to finish my SS credits) once our kids were in college so my SS is not large, $700/mo. DH has a COLAed pension that supports us comfortably so I don't need the SS money. And I am a natural SAVER so this money is the gravy. And that feels good! I have saved all of it except the first payment which I used to buy a nice set of patio furniture for the deck. Just proving that I could SPEND it!

DH is subject to GPO so he won't get anything off of my SS. But he'll benefit from me saving and investing it.

It sure is nice to get paid every month, because I earned this!
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Old 03-31-2021, 01:24 PM   #200
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Probably both of us at FRA, age 67.

I ran the above through MaxiFi...the "maximized" plan had us taking it at age 70 instead but doing that only increases the lifetime benefit over 30 years (36 years for DW) by around $50,000 total (nominal)...because of years we both spent out of the workforce we will have comparatively little SS Retirement income, even combined.
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