If an individual wants to receive Social Security retirement benefits prior to age 65, at what age can they start receiving benefits?

Individuals can start receiving Social Security retirement benefits as early as age 62. This option allows those who may wish to retire early to access their benefits, albeit at a reduced rate compared to waiting until the full retirement age, which is typically around 66 to 67, depending on the birth year.

Starting benefits before reaching full retirement age results in a permanent reduction in the monthly benefit amount, reflecting the longer duration over which payments will be received. This option is designed to provide flexibility for those who need to retire earlier due to personal circumstances or financial necessity.

The other choices do not accurately reflect the age eligibility for early retirement benefits. While individuals can technically begin to receive benefits based on their work credits at various ages, the specific age of 62 is the earliest definitive age at which retirement benefits can be accessed. Thus, age 62 represents the standard starting point for early retirement under Social Security regulations.