Why is the minimum age for a senior discount usually 65?

Senior discounts are frequently extended to those younger than 65. The minimum age for senior discounts can vary widely, but typically lies between the ages of 50 and 65. Many restaurants, airlines and financial institutions offer senior discounts or benefits, with varying minimum ages.

Many discounts for individuals younger than 65 are through AARP (previously known as the American Association of Retired Persons), which has a minimum membership age of 50. Likewise, after the age of 55, many retailers and movie theaters offer incentives and discounts. After the age of 62, individuals can access many additional travel and hospitality benefits.