5 States with Lowest Average Retirement Age in the US

3. Oklahoma

Average Retirement Age: 62

Average Social Security Check: $1,720

Estimated Annual Cost of Retirement: $50,750

Like many other states, the average retirement age in Oklahoma stands at 62 years. The state is considered tax-friendly, with a full exemption for social security benefits. Moreover, other types of retirement income are provided a deduction of $10,000. Property taxes are some of the lowest in the country, but sales taxes are high.