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[quote=Anonymous][quote=Anonymous]I am not the Op, but I have a question.

As the high earner, I plan to retire (and work part time?) at 60 but not collect until 70.  My spouse has a much lower income, so we rethinking to have her collect at 62.

When I start collecting at 70, her amount should increase thanks to the spousal support feature.

I have a pension and sizable retirement savings so we plan to ride that down an bit until I hit 70.  We think this might be the most tax efficient way to also maximize SS income.

Any thoughts or recommendations?
[/quote]

This is what we are doing in the same scenario (without the pension).  Depending on your ages and health, one other reason to do this is to maximize the survivor benefit for a lower-earning surviving spouse.  Although my wife is a few years older than I am, it's likely she'll live longer, and so I want to max the benefit she'll get from my SS - that means taking it at 70.  If your pension has a survivor benefit, you may come to a different conclusion.  [/quote]

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