Spousal Social Security Benefit
RetirementA Social Security benefit for a spouse based on the higher earner's record, up to 50% of the worker's benefit at full retirement age.
Example
Example: For someone with $300,000 in retirement savings planning to retire at 65, spousal social security benefit directly affects their strategy. Since it involves a social security benefit for a spouse based on the higher earner's record, up to, understanding this concept could mean an extra $50,000-$100,000 in retirement assets. Plan with our retirement calculator.