Delaying Social Security to 70 Costs About $158,000 in Skipped Checks, and Still Beats Any Annuity You Can Buy.
Quick Read Delaying Social Security from 62 to 70 costs roughly $158,000 in skipped checks but delivers a benefit about 76% higher in nominal terms. Inflation-adjusted private annuities pay only around 5% of premium annually, making delayed Social Security's lifetime COLA benefit commercially unbeatable …