Good evening.
We've passed our first year of early retirement and haven't looked back! We're loving it!
Anyway, looking towards the future I want to make sure that we are understanding SS spousal benefits correctly.
We are both 57. Our plan is to have DW claim her own SS benefit of $400 per month at 62.
Once I turn 67, I will claim my SS benefit of $2200 per month and DW will claim spousal benefit of $1100 per month.
Is our understanding correct on how this would work?
Thanks
We've passed our first year of early retirement and haven't looked back! We're loving it!
Anyway, looking towards the future I want to make sure that we are understanding SS spousal benefits correctly.
We are both 57. Our plan is to have DW claim her own SS benefit of $400 per month at 62.
Once I turn 67, I will claim my SS benefit of $2200 per month and DW will claim spousal benefit of $1100 per month.
Is our understanding correct on how this would work?
Thanks