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Old Today, 11:39 AM
 
Location: Greenville, SC
4,768 posts, read 3,778,429 times
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If you have health problems that may get worse in the next few years and don't currently own a home that you're downsizing, what's your rationale for wanting to take on a mortgage in retirement (with the possibility of unexpected home expenses as well as increasing medical expenses hanging over your head)? What will you do if you have catastrophic medical expenses and at the same time find out you need a new roof sooner rather than later?
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Old Today, 12:43 PM
 
35 posts, read 13,861 times
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If you live an average life expediency it doesn't matter when you start collecting SS. It all balances out at the end. So if you need it take it now
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Old Today, 01:48 PM
 
Location: Ohio
20,223 posts, read 14,404,422 times
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Quote:
Originally Posted by Babette12 View Post
I'm 62, dh is 63, and thought I would wait until spouse's FRA to take SSI.
By law you are not allowed to take SSI unless you have 65 years, are blind or deaf or are disabled.

By law you are not allowed to choose your benefits. When you apply, Social Security will automatically pay you the highest benefit you're entitled to take at the time you apply whether you like it or not.

Seeing how your spouse has benefits, it's unlikely you'd even qualify for SSI.
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