Ask Rusty – Why Is my Age 70 Benefit not Higher Than My January Amount?

Dear Rusty: I plan to retire in 2025 (the year I turn 70). Given that I'm still working, I'm delaying my Social Security until that year. I noticed on my Social Security statement that my payment in January of 2025 will not be much different than my age 70 amount in October of 2025. If that is truly the case, would it not be better for me to start taking Social Security payments starting in…