Everyone knows how Social Security works—the longer you wait to start the income, the higher your future and permanent income will be when you finally turn it on. Your future income rises mathematically by a factor of five-point two-five percent until full retirement age, then eight percent a year until age seventy. You might think that most people wait until they can get the highest income by putting off Social Security Benefits until age 70. But statistics show that over NINETY-EIGHT PERCENT of Americans start their income much sooner! Is that a smart idea, or not so smart?