It depends. Normal retirement age is at 65, but you can start to take money out of your retirement plan without penalty at age 59 1/2.

What is the retirement age for someone born in 1954.

Your full retirement age is 67. You can start collecting benefits at age 62, but you will receive only 70% of your full retirement amount. The longer you wait, the more you will receive. This holds true even if you wait until after you are 67; you will receive more than 100% of your full retirement age benefit..

There is no mandatory retirement age for a lawyer.

The most popular age for people to take an early retirement is 60. Years ago it was a younger age but due to the fact that people are living much longer now, plus the fact that many still need the income 60 is considered an early age to retire.

Any age prior to 62 is considered early retirement and will effect your retirement benefits. The most popular early retirement age is 59 1/2.