LibraryScenariosWhen couples struggle with Social Security timing decisions
Scenario

When couples struggle with Social Security timing decisions

My spouse and I are both 62 and eligible for early Social Security, but we can't decide whether to take it now or wait for full benefits, and every financial advisor gives us different advice based on different assumptions about how long we'll live and what the economy will do. We're paralyzed by trying to optimize a decision that depends on things we can't know.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Two people are trying to make an irreversible financial decision based on unknowable future variables.

Ideas that help explain it
Worth thinking about

“Where Are You with Money in your 50s and 60s — the pre-retirement decade?”

If this sounds familiar, the Library can help you find the bigger picture.