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That $2 million also happens to be the implied booty of your average California policeman who retires at age 55. Typical cities in California have a police officerâs retirement plan that works as follows: 3% at age 50.
WASHINGTON, D.C. -- The average age at which U.S. retirees say they actually retired is now at 61, up from 57 in the early 1990s. These results are from Gallup's annual Economy and Personal Finance survey, conducted April 4-14.The average retirement age has crept up by four years over the past two decades, from 57 in 1991 to the current 61.hese results are from Gallup's annual Economy and Personal Finance survey, conducted April 4-14. The average retirement age has crept up by four years over the past two decades, from 57 in 1991 to the current 61.