While the age of 65 represents the age most closely associated with the notion of retirement, there are many other ages to consider. For instance, one can begin collecting social security benefits at the age of 62. However, that may not be a great idea since is one is to claim their full social security benefit, one needs to sign up for social security at one’s full retirement age. Full retirement age varies by birth year. Indeed, full retirement age is defined as 65 for those born in 1937 or earlier.
Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.