# Social Security Full Retirement Age Rises to 67

> Claiming Social Security at 66 in 2027 cuts lifetime benefits by 6.7%.
- Title: Social Security Full Retirement Age Rises to 67 | Shortify
- Summary: Claiming Social Security at 66 in 2027 cuts lifetime benefits by 6.7%. People born in 1960 or later have Social Security full retirement age at 67, not 66…
- Keywords: social security, full retirement age, social security benefits, retirement age, social security claims, benefit reduction, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/personal-finance/2026/11/05/turn-66-in-2027-and-your-full-retirement-age-is-67-claiming-a-year-early-costs-6-7-of-every-check-for-life
- Author: Maurie Backman
- Published: 2026-11-05T21:52:23+00:00
- Read time: 1 min
- Topics: social security, full retirement age, social security benefits, retirement age, social security claims, benefit reduction
## Full Retirement Age Changes
Social Security full retirement age increased from 66 to 67 for people born in 1960 or later.
## Claiming Early Reduces Benefits
People turning 66 in 2027 who claim Social Security one year early face a permanent 6.7% reduction in monthly benefits.
## Long-Term Impact
Early claims reduce annual cost-of-living adjustments and survivor benefits for spouses.
## Why This Matters
For those relying on Social Security as primary income, a 6.7% reduction could significantly impact retirement finances.
## Know Your Full Retirement Age
Understanding your full retirement age prevents filing Social Security too early and losing benefits.
## Potential Future Changes
Congress may adjust full retirement age to address Social Security funding shortfalls.
## Key takeaway

People born in 1960 or later have Social Security full retirement age at 67, not 66, and claiming one year early reduces monthly benefits by 6.7% for life.