What is the full retirement age for Social Security?
Retirement
Full retirement age (FRA) ranges from 66 to 67 depending on birth year. Born 1960 or later? Your FRA is 67. Born 1955-1959? FRA is between 66 and 2 months and 66 and 10 months.
Your FRA in a sentence
Born before 1955: FRA is 66. Born 1955-1959: FRA increases by 2 months per birth year. Born 1960 or later: FRA is 67.
What FRA actually controls
It's the age you can claim 100% of your earned benefit. Claim earlier and benefits are reduced. Claim later (up to age 70) and benefits are increased through delayed retirement credits.
The 7 mistakes that cost retirees the most
Claiming early without need. Failing to coordinate spousal benefits. Forgetting the earnings test before FRA. Missing the file-and-suspend window. Not factoring in widow benefits. Triggering Medicare IRMAA surprises. Ignoring the 8% delayed retirement credit.
What people often get wrong
- Confusing 'eligible at 62' with 'should claim at 62'
- Working before FRA and surrendering benefits to the earnings test
- Not realizing FRA differs from Medicare eligibility (65)
What to think about next
- Confirm your exact FRA at ssa.gov.
- Map your FRA against your planned retirement date.
- Model the cost of claiming 5 years before vs 3 years after FRA.
When to consider working with a CFP®
Working with a CFP® can help when these decisions feel intertwined, taxes, investments, cash flow, and life goals tend to move together, and a planning relationship can offer structure, prioritization, and accountability over time.
Frequently Asked Questions
Is Medicare tied to FRA?
No. Medicare eligibility is age 65 regardless of your Social Security FRA.
Talk to a CFP® who works with high earners.
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