Keyword Analysis & Research: full retirement age for born in 1962

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What is full retirement age and why does it matter?

Full retirement age, or FRA, is the age at which you qualify to claim full Social Security retirement benefits and is based on your birth year. If you retire prior to your FRA, this will result in a reduction of your Social Security benefit. If you retire after your FRA, this will result in an increase in Social Security benefits.

What is the full retirement age if you were born in 1964?

Retirement age varies by year of birth; if you were born in 1964, your full retirement age for maximum benefits is 67.

When is full retirement age if you were born in 1967?

Retire in 2034. If you were born in 1967 and whether you are a man or a woman, you form part of the group of people whose retirement age, or at least the at age which you can claim your state pension, is now 67, so you will be able to draw your State pension in 2034.

What age is considered early for retirement?

The Social Security Administration defines early retirement age as age 62. If you begin taking Social Security benefits at age 62, you will receive a reduced benefit.


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