Know what waiting to claim Social Security is worth
Added
Social Security retirement benefits increase for each month you delay starting past full retirement age, until age 70. SSA also notes that if you delay retirement benefits you should still sign up for Medicare at 65. Use your my Social Security account to compare ages with your own numbers.
The result
Result: SSA: for people born in 1943 or later, delayed retirement credits add 8% per year (2/3 of 1% per month) after full retirement age, stopping at 70.
Note: Not financial advice. General information only; check your own situation or ask a qualified professional.
Source
Social Security Administration (opens the original source in a new tab). Check it for the latest numbers before you act.