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q21
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| Question text: | Imagine an individual, Mr. Spencer Wills, who is retired from work and turning 63 today. Spencer expects his monthly Social Security retirement benefit to be about $2,000 if he claims now. How much should he expect his monthly benefit to be if he decides to wait another year and claim when he is 64? |
| Answer type: | Radio buttons |
| Answer options: | 1 It would stay the same 2 Approximately $2,120 (6% higher) 3 Approximately $2,020 (1% higher) 4 Approximately $2,300 (15% higher) |
| Label: | expected monthly benefit |
| Empty allowed: | One-time warning |
| Error allowed: | Not allowed |
| Multiple instances: | No |