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Medicare, one of the federal governmentâs largest programs, provides health care benefits primarily to elderly people. The usual age of eligibility for those benefits is 65, although certain people qualify for the program earlier.
While the answer to that question will vary from one person to the next, it helps to know what others around you are doing. The âFull Retirement Ageâ in order to claim 100% of your Social Security benefits is between 65-67 (depending on when you were born). Likewise, Medicare eligibility begins at age 65. Historically, however, most Americans have left the workforce some time before age 65. Indeed, SmartAssetâs analysis of U.S. Census Bureau data found that the national average retirement age is 63 years old. At the state level, it ranges from 62 to 65.