I agree with this article because I find it to be true. At age 66, I’ll be getting $1200-1300/mo from SS while my husband will get $2400. However, I had my own medical transcription service for 10 years so I could have flexibility raising my kids. Being self employed didn’t leave us with much money on paper, though. When the kids were older, I went to work at a hospital but only worked 32 hours, again, to be there for the kids. Meanwhile my husband had a full time day job as well as working several nights a week as a server, so of course his income base is larger and he’ll receive more than me.
We made the conscious decision to raise our children this way, and it has paid off very well. All of our kids are smart, funny, creative, and a joy to be around. They love hanging out with us and even invite us to their parties, which we usually attend. I have no doubt they’ll be there for us in the future if we need help, as we were there for them.
$3,700.00 per month in Social Security alone will provide for a reasonably comfortable retirement in most of the country. Surviving spouse will get the higher of the two, so the least you’d be looking at would be $2,400.00, which is still decent assuming a paid off primary residence and no other debt.
At age 66, I’ll be getting $1200-1300/mo from SS while my husband will get $2400.