Retirement age to hit a new high next year
Key Points:
- Starting in 2026, the U.S. Social Security Full Retirement Age will increase to 67 years old, affecting the youngest Baby Boomers and Generation X.
- This change means individuals can still claim benefits at age 62 but with a permanent reduction in monthly payments.
- Some people, like 55-year-old Aaron Courteau, express frustration and disappointment over the shift, viewing it as a challenging adjustment.
- Experts advise considering factors such as health, work plans, and other income sources when deciding the best time to retire.