Retiring later in life can make sense. There are many benefits to delaying retirement, such as increased Social Security benefits, and having more time to prepare financially. Learn what to consider when it comes to retirement planning.
1 Dana Anspach, “Average Retirement Age in the United States,” The Balance, March 1, 2021. https://www.thebalance.com/average-retirement-age-in-the-united-states-2388864
2 Carla Fried, “What’s Your Retirement Number? No, Not Savings – Life Expectancy,” Rate.com, June 28, 2019. https://www.rate.com/research/news/retirement-expectancy
3 Institute of Economic Affairs. England, “Retirement causes a major decline in physical and mental health, new research finds”, May 16, 2013. https://iea.org.uk/in-the-media/press-release/retirement-causes-a-major-decline-in-physical-and-mental-health-new-resea