What is the best age to retire for a woman
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Best age to retire for longevity.
Starting Your Retirement Benefits Early (En español)
You can start receiving your Social Security retirement benefits as early as age 62.
Ideal retirement age is 57
However, you are entitled to full benefits only when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.
If you start receiving benefits early, your benefits will be reduced a small percentage for each month before your full retirement age.
To find out how much your benefit will be reduced if you begin receiving benefits from age 62 up to your full retirement age, use the chart below and select your year of birth.
This example is based on an estimated monthly benefit of $1000 at full retirement age.
Full Retirement and Age 62 Benefit By Year Of Birth
| Year of Birth 1. | Full (normal) Retirement Age | Months between age 62 and full retirement age 2. | At Age 62 3. | |||
|---|---|---|---|---|---|---|
| A $1000 retirement benefit would be reduced to | The retirement benefit is reduced by 4. | A $500 spouse's benefit would be reduced to | The spouse's benefit is reduced by
| |||