2025 Social Security full retirement age

Are you ready for retirement? If you're planning to retire in 2025, you need to know about the changes to the Social Security full retirement age.

The Social Security full retirement age is the age at which you can receive your full Social Security benefits. For people born in 1960 and later, the full retirement age is 67. However, for people born in 1959, the full retirement age is 66 and 10 months. This means that if you were born in 1959, you will not be able to receive your full Social Security benefits until you are 66 years and 10 months old.

The change in the full retirement age is due to the increasing life expectancy of Americans. As people live longer, they need to work longer to save enough money for retirement. The change in the full retirement age is designed to help ensure that the Social Security system can continue to provide benefits to future generations.

If you are planning to retire in 2025, you need to make sure that you are prepared for the change in the full retirement age. You may need to work longer or save more money for retirement so that you can afford to retire at your desired age.

Here are some things you can do to prepare for the change in the full retirement age:

• Start saving for retirement early. The sooner you start saving, the more time your money will have to grow. This will help you build a nest egg that you can use to support yourself in retirement.
• Work longer. If you can, work longer to increase your Social Security benefits. Even working a few extra years can make a big difference in your retirement income.
• Delay taking Social Security benefits. If you can afford to, delay taking Social Security benefits until you reach your full retirement age. This will allow your benefits to grow at a higher rate.

The change in the full retirement age is a challenge, but it is important to be prepared. By taking steps now, you can make sure that you are able to retire comfortably.