Retirement Age Calculator
Your FRA, and what claiming early really costs.
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Your Results
Full retirement age67
Claim at 62: reduction-30.0%
Claim at 70: increase+30% (approx)
Earliest / latest62 / 70
Full retirement age is 66 for those born 1943-1954, rising 2 months per year to 67 for 1960+. Delaying past FRA adds 8% per year (24-32% total).
Frequently Asked Questions
What is my full retirement age?
Born 1943-1954: 66. Born 1955-1959: 66 plus 2 months per year. Born 1960+: 67. This calculator gives your exact age.
Should I claim Social Security at 62?
Claiming at 62 locks in a permanent 25-30% reduction. If you expect to live past your late 70s, waiting to 70 usually wins. The break-even is around age 80.
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