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Retirees may see an approximate 77% increase to their Social Security benefits by waiting from age 62 to age 70 to claim benefits, according to new research.

Every dollar counts in retirement, especially when you're on fixed income. However, not having some items in your house can cost you more in the long run.

But Social Security makes benefits available to eligible recipients at a much earlier age. You can sign up for Social Security at any point once you turn 62.

Could selling your home cost you your Social Security check? Selling your home, or any other asset, during retirement will not make you lose your Social Security benefits.

Waiting until full retirement age to claim Social Security helps you avoid a reduction in your monthly benefits since you can sign up at any point starting at age 62.