At 60 I have nothing for retirement and no plan except Social Security. Now that I've been laid off, how can I survive?

Assuming you are healthy and able to work, it’s important to delay claiming your Social Security benefits for as long as you can. Delaying Social Security until full retirement age, and possibly even to age 70, increases your guaranteed monthly check for life because you earn delayed retirement credits that add about 8% per year after full retirement age. For those born in 1960 or later, claiming at 70 pays roughly 124% of your full benefit (5).But how accurate is that number? Lump sums like this are usuall ...