USA Retirement Age


The USA retirement age is characterized by the Normal Retirement Age (NRA) or Full Retirement Age, which varies from 65 to 67 years, depending upon the age of the employees. This USA retirement age is the age that provides the highest retirement benefits to the U.S. employees. Retirement prior to this age brings down the amount of retirement benefits, whereas retirement after this age may increase your benefits as well. However, one can retire at some other ages also, though the retirement benefits would vary in that case.

Normal Retirement Age

The Normal Retirement Age in U.S. may vary from 65 to 67 years depending upon the date of birth of the employees. The following chart would provide details about it:

Year of Birth Normal Retirement Age
1937 and before 65 years
1938 65 years 2 months
1939 65 years 4 months
1940 65 years 6 months
1941 65 years 8 months
1942 65 years 10 months
1943-54 66 years
1955 66 years 2 months
1956 66 years 4 months
1957 66 years 6 months
1958 66 years 8 months
1959 66 years 10 months
1960 and later 67 years

Those who have born on January 1, should refer to the previous year of the Normal Retirement Age given.

Types of Retirement

Though 65 is the Normal Retirement Age, you can find a number of people going for retirement prior to the given USA retirement age, or sometimes after the NRA. However, in those cases, the Social Security retirement benefits would vary depending upon the age of retirement.

Early Retirement

You will be entitled for Social Security retirement benefits once you reach at the age of 62. However, if you retire before your normal retirement age, you will get reduced retirement benefits, calculated on the basis of your age.

Delayed Retirement

As many people retire before they reach at their normal retirement age, similarly many people also work even beyond their normal retirement age. In that case, they will get more retirement benefits than others.