Retirement date calculation

Retirement age is the age at which a person stops working and enters into a period of retirement. The date when a person reaches retirement age is calculated based on various factors such as the person's birth date, the age at which they started working, and the specific retirement plan they are enrolled in. Generally, retirement age is between 60 and 67 years old, and the retirement date is determined by subtracting the retirement age from the person's birth date. Many people choose to retire earlier or later than the standard retirement age depending on their financial situation and personal preference.