2 Reasons It May Be Unrealistic to Delay Social Security
The monthly Social Security benefit you're eligible to collect in retirement will be based on your personal earnings history. But from there, the age at which you file will dictate how much money you'll get.
If you file at your precise full retirement age, or FRA (which is either 66, 67, or 66 and a certain number of months, depending on your year of birth), you'll collect the full benefit your wage history entitles you to. But if you delay your filing beyond FRA, your benefits will increase by 8% a year, up until you turn 70.
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Source Fool.com