🔮 Full Retirement Age Calculator
Full Retirement Age Calculator: Discover your official Social Security full retirement age (FRA) using our advanced calculator. Essential for optimizing benefits and retirement planning.
Retirement Age Calculator
Retirement Age Reference Table
| Birth Year | Full Retirement Age |
|---|---|
| Before 1937 | 65 |
| 1938 | 65 + 2 months |
| 1939 | 65 + 4 months |
| 1940 | 65 + 6 months |
| 1941 | 65 + 8 months |
| 1942 | 65 + 10 months |
| 1943-1954 | 66 |
| 1955 | 66 + 2 months |
| 1956 | 66 + 4 months |
| 1957 | 66 + 6 months |
| 1958 | 66 + 8 months |
| 1959 | 66 + 10 months |
| 1960+ | 67 |
Advantages & Disadvantages
👍 Benefits:
- Precise SSA-approved calculations
- Optimize Social Security benefits
- Better financial planning
- Understand penalty thresholds
- Free lifetime updates
👎 Limitations:
- Doesn't account for health conditions
- Assumes current SSA rules
- No spousal benefit calculations
- Doesn't predict future changes
- No tax implications
❓ Retirement Calculator FAQs
1. What is Full Retirement Age?
Full Retirement Age (FRA) is when you qualify for 100% Social Security benefits. It varies from 65-67 based on birth year.
2. Can I retire before FRA?
Yes, but benefits reduce by 6.7% annually if claimed before FRA. Early retirement at 62 gives 70% of full benefits.