Mistake No. 7: You don’t coordinate your benefits with your spouse
If you’re married, you should never ignore the possibility of combining your retirement benefits. If you and your spouse are constantly looking for ways to improve your income in a vacuum, then you could be missing out on strategies to maximize your combined retirement benefits.
As an example, let’s say your spouse is planning to claim benefits based on your Social Security earnings records. In this case, the spouse won’t receive any additional credit for delaying to claim his/her benefits beyond the full retirement age. So, before you decide on a specific strategy, make sure you already know all the required information.
