Hi, @faith 6179!
Congrats on being at the threshold of retirement!!
Yes, the longer you wait to begin your benefits, the higher your monthly payment. Of course, the amount is going to depend on your work earnings history.
Do you have a Social Security Administration (SSA) account? If not, I recommend you set one up. I've included the link below. Click the blue Create an Account button. Once established, you can see how much you benefits will be if you apply today or next month or the next. Additionally, when you're ready to begin, making your application in your account goes much smoother.
Link to SSA's my Social Security Account: https://www.ssa.gov/myaccount/
Regards,
Elizabeth W
EA for 29 years
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