Tag: healthcare
There are now two reasons to postpone retirement. The financial reason has been covered repeatedly in this blog: working longer increases a retiree’s savings and monthly Social Security income, while shortening the number of retirement years that their savings will have to fund. If that doesn’t convince you, here’s the other reason: working longer may…
It’s common for people to begin collecting their Social Security benefits soon after they turn 62, ignoring the financial planners and retirement experts urging them to postpone and increase the size of their monthly checks. A new study has uncovered four powerful psychological traits that influence this decision: the individual’s expected longevity, his fear of…
