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Average Retirement Age In The United States

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Definition:

The U.S. Census Bureau tells us the average retirement age in the United States is 62.

Social Security however, defines 62 as your early retirement age and at this age you will receive a reduced Social Security benefit.

Social Security uses the term full retirement age in place of what most of us would think of as average or normal retirement age. Full retirement age is the age at which you receive your full amount of Social Security benefits.

The U.S. Census Bureau also tells us the average length of retirement is 18 years.

If you are within five years of the average retirement age, read 5 Steps You Must Take Within 5 Years of Retirement.

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