what age can you retire on social security
People who retire at age 62 and start collecting Social Security at that time will only receive 75% of the benefit they would receive at full retirement age. Alternatively, you can choose to wait until age 70 to start collecting your Social Security retirement benefits.By waiting, you will increase your benefit amount to 132% of the benefit you would receive at your normal retirement age.he full retirement age for people retiring now (including baby boomers who were born between 1943 and 1954) is age 66. The full Social Security retirement age will gradually increase for people born after 1954 until it reaches age 67 (for people born in 1960 or later).