This is an archival or historical document. It may not reflect current policies or procedures

Your full retirement age is 65 and 6 months

If you start receiving benefits at age 65 and 6 months 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 110.5% of the monthly benefit because you delayed getting benefits for 18 months.

  • 70, you'll get 131.5% of the monthly benefit because you delayed getting benefits for 54 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
If you start getting benefits at age * Multiply your Full Retirement Benefit by
65 + 6 months  100.0%
65 + 7 months 100.6%
65 + 8 months 101.2%
65 + 9 months 101.8%
65 + 10 months 102.3%
65 + 11 months 102.9%
66 103.5%
66 + 1 month 104.1%
66 + 2 months 104.7%
66 + 3 months 105.3%
66 + 4 months 105.8%
66 + 5 months 106.4%
66 + 6 months 107.0%
66 + 7 months 107.6%
66 + 8 months 108.2%
66 + 9 months 108.8%
66 + 10 months 109.3%
66 + 11 months 109.9%
67 110.5%
67 + 1 month 111.1%
67 + 2 months 111.7%
67 + 3 months 112.3%
67 + 4 months 112.8%
67 + 5 months 113.4%
67 + 6 months 114.0%
67 + 7 months 114.6%
67 + 8 months 115.2%
67 + 9 months 115.8%
67 + 10 months 116.3%
67 + 11 months 116.9%
68 117.5%
68 + 1 month 118.1%
68 + 2 months 118.7%
68 + 3 months 119.3%
68 + 4 months 119.8%
68 + 5 months 120.4%
68 + 6 months 121.0%
68 + 7 months 121.6%
68 + 8 months 122.2%
68 + 9 months 122.8%
68 + 10 months 123.3%
68 + 11 months 123.9%
69 124.5%
69 + 1 month 125.1%
69 + 2 months 125.7%
69 + 3 months 126.3%
69 + 4 months 126.8%
69 + 5 months 127.4%
69 + 6 months 128.0%
69 + 7 months 128.6%
69 + 8 months 129.2%
69 + 9 months 129.8%
69 + 10 months 130.3%
69 + 11 months 130.9%
70 or later 131.5%
* If your birthday is on the 1st of the month, we figure your benefit as if your birthday were in the previous month.