Your full retirement age is 66

If you start receiving benefits at age 66 you get 100% of your monthly benefit. If you delay receiving retirement benefits until after your full retirement age, your monthly benefit continues to increase.

The chart below explains how delayed retirement affects your benefit. The increase is based on your date of birth and the number of months you delay the start of your retirement benefits. If you start receiving retirement benefits at age

  • 67, you'll get 108% of the monthly benefit because you delayed getting benefits for 12 months.

  • 70, you'll get 132% of the monthly benefit because you delayed getting benefits for 48 months.

    When you reach age 70, your monthly benefit stops increasing even if you continue to delay taking benefits.

If you decide to delay your retirement, be sure to

Sign up for Medicare at age 65

In some circumstances, medical insurance costs more if you delay applying for it.

How Delayed Retirement Affects Your Social Security Benefits
66 100%
66 + 1 month 100.7%
66 + 2 months 101.3%
66 + 3 months 102.0%
66 + 4 months 102.7%
66 + 5 months 103.3%
66 + 6 months 104.0%
66 + 7 months 104.7%
66 + 8 months 105.3%
66 + 9 months 106.0%
66 + 10 months 106.7%
66 + 11 months 107.3%
67 108.0%
67 + 1 month 108.7%
67 + 2 months 109.3%
67 + 3 months 110.0%
67 + 4 months 110.7%
67 + 5 months 111.3%
67 + 6 months 112.0%
67 + 7 months 112.7%
67 + 8 months 113.3%
67 + 9 months 114.0%
67 + 10 months 114.7%
67 + 11 months 115.3%
68 116.0%
68 + 1 month 116.7%
68 + 2 months 117.3%
68 + 3 months 118.0%
68 + 4 months 118.7%
68 + 5 months 119.3%
68 + 6 months 120.0%
68 + 7 months 120.7%
68 + 8 months 121.3%
68 + 9 months 122.0%
68 + 10 months 122.7%
68 + 11 months 123.3%
69 124.0%
69 + 1 month 124.7%
69 + 2 months 125.3%
69 + 3 months 126.0%
69 + 4 months 126.7%
69 + 5 months 127.3%
69 + 6 months 128.0%
69 + 7 months 128.7%
69 + 8 months 129.3%
69 + 9 months 130.0%
69 + 10 months 130.7%
69 + 11 months 131.3%
70 or later 132.0%
*If your birthday is on the 1st of the month, we figure your benefit as if your birthday were in the previous month.