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The full retirement age increases by 2 months for each year you were born after 1954, until it reaches age 67 for anyone born in 1960 or later. ... That makes it the third most popular age overall.
Colorado. Realistic retirement age: 56 How much savings you need to retire: $1,105,331 Total savings at 56: $1,145,885 Try This: 10 Best (and Worst) Places To Retire If You Have No Savings
At what age do you hope to retire? For average Americans, that target retirement age is 66, according to a 2022 Gallup Poll. Social Security: Whether You're 62, 65, 67 or 70, Here's Why Your Age...
If you were born in 1960 or later, your FRA is 67, and you can rack up delayed retirement credits until age 70. As of the start of 2025, the average monthly Social Security benefit was $1,976.
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Part of a sound retirement planning strategy involves choosing the best age to retire. The normal retirement age is typically 65 or 66 for most people; this is when you can begin drawing your full ...