Social Security at 70: 124% of Full Benefit
124%
of Full Retirement Benefit
Delayed credits applied
If full benefit = $1,200/mo
$1,488/mo
If full benefit = $1,600/mo
$1,984/mo
If full benefit = $2,000/mo
$2,480/mo
If full benefit = $2,500/mo
$3,100/mo
If full benefit = $3,000/mo
$3,720/mo
The Claiming Age Decision
Claiming at 70 gives you 124% of your Primary Insurance Amount (PIA). Delayed Retirement Credits add 8%/year from 67 to 70 — the highest guaranteed return available to retirees. Breakeven vs claiming at 67: ~82 years old.