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People say I should wait until 70 to claim Social Security. When does delaying pay off?

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People say I should wait until 70 to claim Social Security. When does delaying pay off?

“Too many people believe that if they wait until 70 to begin collecting, they are automatically better off.”

People say I should wait until 70 to claim Social Security. When does delaying pay off?

Source：MarketWatch

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Source：https://www.marketwatch.com/story/people-say-i-should-wait-until-70-to-claim-social-security-when-does-delaying-pay-off-f1cd948c