This report shows the Social Security benefit stream you can expect to receive under differing claiming scenarios based on your primary insurance amount (PIA) and certain assumptions for life expectancy and future cost-of-living adjustments. Married couples have several decisions to make. When will one spouse claim a retirement benefit based on his or her earnings record? When will the other spouse claim a retirement benefit based on his or her earnings record? Will either spouse be eligible for spousal benefits? The interplay of earned benefits and spousal benefits makes for some interesting opportunities for married couples—as long as you understand the rules and know which spouse can do what and when.
Social Security Spousal Planning Report
In order to perform the calculation, we will need your first name, date of birth and primary insurance amount (PIA) and your spouse's first name, date of birth and primary insurance amount (PIA). We will also need the estimated life expectancy for each individual, see the ages below.
Please provide life expectancy.
Woman much shorter than average 78
Woman shorter than average 83
Woman average 87
Woman longer than average 91
Woman much longer than average 96
Man much shorter than average 76
Man shorter than average 80
Man average 84
Man longer than average 88
Man much longer than average 92