March 28, 2008, Newsletter Issue #91: What is the Age for Full Retirement?

Tip of the Week

The Social Security Administration continues to change the age for full retirement. Here is a listing according to the year you were born and the current age for full retirement.

· If you were born in 1937 or earlier, then the age for full retirement is 65 years old.
· For those born in 1938, the age of full retirement is 65 and 2 months.
· The age of full retirement for those who were born in 1939 is 65 and 4 months.
· For those born in 1940, the age of full retirement is 65 and 6 months.
· For those who were born in 1941, the age of full retirement is 65 and 8 months.
· The age of full retirement for those born in 1942 is 65 and 10 months.
· If you were born during the years 1943-1954, then the age of full retirement is 66 years old.
· For those born in 1955, the age of full retirement is 66 and 2 months.
· If you were born in 1956 then the age of retirement is 66 and 4 months.
· The full age of retirement for those born in 1957 is 66 and 6 months.
· If you were born in 1958 the age of full retirement is 66 and 8 months.
· For those born in 1959, the age of full retirement is 66 and 10 months.
· The age of retirement for those born in 1960 and after is 67 years old.
· For those who were born on January 1st, use the previous years age of full retirement.


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