My wife and I are 64. We have online accounts with the SS administration to get detailed information on what to expect. After doing the math regarding when to start payments, my stay at home wife started hers now (hers is much lower than mine). Her payments are exactly what we expected. To the penny.
Knowledge is power.
And yes, if push comes to shove, we could live fairly comfortably on SS alone. It’s one of the reasons we moved from Seattle to rural Kentucky.
You should start taking SS as soon as possible. If you are still working, invest all of it in mutual funds/Roth depending on your tax rate. It will earn faster than the increase you get by waiting.
Welcome to rural Kentucky. Aint it grand?
“Its one of the reasons we moved from Seattle to rural Kentucky.”
I want to look into a strategic move like that.
I assume, since she didn't work, that her benefit is 50% of what yours will be at full retirement ... minus the ding for starting early.