Full retirement age for Social Security benefits has been inching up from 65. This year, it finally hits 67. Here's what that means for Oklahomans.

Despite the overwhelming data suggesting that age 70 is the best age to file for Social Security, it's important to look beyond finances when making this decision. Factors like your overall health, life expectancy, and general retirement goals should also factor into the age you file.

For many years, 65 was the age at which you were able to retire and start taking full Social Security benefits, but a law passed in 1983 changed that for some beneficiaries. The full retirement age (FRA) for Social Security benefits rose this year under amendments to the program designed to stretch its funding.