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1. (27 points) In 2019, Jerry and Amy are 64 and 59 respectively, have been married for 25 years, and are starting to think about

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1. (27 points) In 2019, Jerry and Amy are 64 and 59 respectively, have been married for 25 years, and are starting to think about Social Security strategies. Jerry's projected primary insurance amount at normal retirement age is $2,500, and his normal retirement age is 66. Amy's primary insurance amount is $900, and her normal retirement age is 67. (Assume these are the primary insurance amounts for all calculations and do not adjust for inflation.)

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