The average retirement age for women is listed at 65 on the Official Social Security Website. However, since the 1990s, the age of retirement in both genders has been rising. It is currently leveling off at between 62 and 65, but is expected to continue to rise, as stated by the Center for Retirement Research.
Regardless of when a person feels that they are at the retirement age, the earliest a person can start receiving social security benefits remains at the age of 62, reports The United States Social Security Administration. Only about 36 percent of people can afford to retire earlier than 65 without social security benefits.