I suggest waiting in most cases, but that doesn't mean it’s always the best approach. Depending on your situation, risk tolerance and goals, your wife may want to file for Social Security now. However ...

I am 76 and I have been receiving my benefit since age 62-four years before my full retirement age (FRA). My wife is now 61 and will retire at age 65-two years before her FRA. She will begin drawing ...