Skip to main content
padlock icon - secure page this page is secure

Greatly Reduced Life Expectancy: How Should It Affect a Couple's Social Security Claiming Strategy?

The full text article is temporarily unavailable.

We apologise for the inconvenience. Please try again later.

Suppose a male has been diagnosed with an illness that reduces his life expectancy to two years. How should this reality affect his decision and, if applicable, his wife's decision, for claiming Social Security benefits? If he is younger than Full Retirement Age (FRA) and qualifies for Social Security disability benefits then he should begin those benefits today. If he is 1) at least FRA or 2) does not qualify for disability benefits then their best strategy usually depends on whether the surviving spouse can grow her retirement benefits at 70 to exceed her survivor benefits. If the answer is yes, then he generally should begin his Social Security retirement benefits today, while she should delay her retirement benefits until age 70. If the answer is no then he should not begin his retirement benefits, while she should begin her retirement benefits today (if not already begun).
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Document Type: Research Article

Publication date: 01 January 2014

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more