Years ago, the standard retirement age was 65. That was the age at which you could start collecting Social Security. But things changed in the 1980s when the full retirement age was raised (it’s now 67).
This might make you assume the typical retirement age in this country is now 67, but according to an article by USA Today, more Americans retire at 62 than at any other age. It cites two respected annual surveys, the Employee Benefit Research Institute and the Transamerica Center for Retirement Studies, which show the most common retirement age is 62, which is also the most popular year for claiming Social Security.
Council of Seniors is Here to Help Older Americans
Regardless of when you retire, the Council of Seniors wants to improve retirement life – and that starts with Congress enacting The SAVE Benefits Act. The passage of this bill will improve retirees’ finances by making up for Social Security cost-of-living adjustments (COLAs) that have let them down in recent years. If it passes, $581 will be returned to eligible seniors.
Sign our petition right now to show you’re on board with our effort.