Question

What Social Security claiming strategy works best for a single woman?

Answer

For most single women, delaying Social Security as long as possible — ideally to age 70 — can increase your monthly benefit by as much as 77% compared to claiming at 62. Because you’ll be living on one benefit rather than a couple’s combined income, the difference between an early and a delayed claim can be substantial over a 25- or 30-year retirement. A Mercer Advisors wealth advisor can run a personalized scenario analysis to help you decide.

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We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.

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