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This is a difficult question to answer and there is not correct answer. It all comes down to your situation, health, financial situation, etc. Also understand that the spousal benefit is 50% of your benefit and not 100%. You would have to calculate your break even point and if permanently reducing her benefit is worth it. She can no longer restrict her benefit at full retirement age as the law is changing on May 1, 2016 and she will not be grandfathered in at her age so when she takes the spousal benefit she will receive the higher of her normal retirement benefit and the spousal benefit. She cannot take just the spousal and let her benefit grow from credits at age 66-70. If your financial situation warrants it, it is probably best to take it early but if she can continue to work and your standard of living and health are fine, it might be best to let her retirement benefit grow.
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