Now that we have discussed Social Security Break-Even Analysis and Portfolio Withdrawals, let's explore how spousal and survivor benefits impact the analysis. A worker can be eligible for benefits based on their work history or their spouse’s and can receive the higher of the two benefits. The starting point for determining the spousal benefit is 50% of the primary insurance amount (or full retirement benefit) of the other spouse. For example, let's take a hypothetical couple, John and Jane. If Jane's benefit is $2,000 per month at full retirement age, then the starting point for determining John's spousal benefit is 50% of $2,000. John's spousal benefit would then be $1,000 per month if he waited to receive benefits until his full retirement age. John could potentially claim his spousal benefit sooner, as early as age 62, but the spousal benefit would be reduced. A couple of things to know about the spousal benefit is that it does not receive delayed retirement credits, and it is only available if the other spouse has filed for benefits. So, John's spousal benefit would not increase by him delaying benefits past full retirement age, and he would only be eligible to receive spousal benefits if Jane has already filed.