But if you do the math, it takes decades to make up what you did NOT collect between age 62 and 70. the differential in the monthly payment should provide the numbers for your individual equasion. But lets use round numbers...

lets say that at age 62 you qualify for $1000 per month. That is $12000 for the year. But you decide to wait one year because then youd get $1100 per month. That is an increase of only $1200 per year. Keep in mind that you are already $12000 BEHIND! in this scenario, it would that TEN YEARS to just get even. Exponentially, the math gets even mor ridiculous.