Your benefits will rise by 7-8 percent a year from age 62 to your full retirement age (FRA), and will rise at the rate of 8 percent a year from FRA to age 70.
You can calculate yourself the impact of delaying your benefits. If you open an online My Social Security account, it will provide your formal earnings history and project your Social Security benefits at different claiming
ages. Using these projections, you then can calculate what your benefits will be at specific claiming ages.