ADFP Practice Test – Comprehensive Exam Prep 2025

Question: 1 / 400

At what age can workers currently take early retirement benefits?

65

60

62

The age at which workers can currently take early retirement benefits is 62. This age is established by Social Security regulations in many countries, where individuals can begin to receive reduced retirement benefits before reaching the full retirement age.

Taking benefits at this age allows workers to access their retirement funds earlier; however, it is important to note that the amount received each month is less than what would be available if they waited until the full retirement age or continued working until 70. This option caters to those who may wish to retire earlier due to various reasons, such as health issues or personal choice, providing them with financial support even if it comes at a reduced level.

In contrast, taking benefits at ages 60 or 65 is not permitted under standard regulations, while waiting until 70 can actually increase the monthly benefit amount, should individuals choose to delay retirement instead.

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