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According to the 2024 Social Security Statistical Supplement, there are about 1.98 million people actively receiving a spousal benefit from Social Security. The average monthly benefit was $890.24 ...
If you and your spouse have a nice amount of money saved up, then you may decide that you'll each claim Social Security as soon as you're able to -- meaning, at age 62.
Image source: Getty Images. 1. When your spouse claims benefits can matter a lot. It's no secret that one spouse can claim Social Security retirement benefits based on the other spouse's earnings ...
Claiming at 62 to allow your higher-earning spouse to boost his or her benefit is one of the single smartest reasons to begin receiving benefits early. Choose the claiming age that's right for you
Citing figures from Social Security, the Bipartisan Policy Center says, “15 percent of 62-year-old men will reach [age] 92” and “14 percent of 62-year-old women will live to at least 95.”
My husband began drawing his Social Security at age 62. He is 68 now (born in 1955), while I am 62 (born 1961). If I begin to draw my Social Security now it will be reduced, of course.
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