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Subject:  Re: What age to take SS payments? Date:  12/3/2013  4:08 PM
Author:  Hawkwin Number:  73900 of 80001

You say this as though it helps her end up with more money.

No, it helps her end up with more cash flow. It helps her increase her income. Her income at 70 would be double what her husband currently gets from SS.

what financial modeling

Monte Carlo.

She earned more income over her life than her spouse. He took SS at 62 so if she does the same, she will not have the option of retaining his SS assuming he passes first (he is less healthy and six years older).

The goal is to maximize her income at age 70 while leaving a small safety net. There is not enough IRA or taxable savings that they could live off of it so SS is very much needed - and we may find that they cannot afford to wait until 70 for her to take SS.