I made a call to SSA to find out what my benefits will be at 68. They gave me a total but I think it's incorrect. But, in their defense they said it was an estimate.
1) I did receive 8% for deferring calculations
2) I did not see any COLA increase calculations
3) SSA stated that I wolud need to apply for social security benefits & then appeal.
4) Why would I apply if they don't have a final amount?

Hi. Social Security benefit calculations are complex, and they depend on numerous different variables. So, until you file an application that gives Social Security all of the information that they need in order to accurately calculate your benefit rate, all they can give you is an estimate.

Our software is programmed to accurately calculate Social Security benefits based on the information that you provide, so before applying for benefits you should strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully compare and analyze all of your various options so that you can determine your best strategy for maximizing your benefits.

Best, Jerry