Rethinking Delayed Retirement: 3 Key Pitfalls to Consider

From Nasdaq: 2025-06-14 06:18:00

Many people consider retiring early, but delaying retirement could lead to a more financially secure future. Working longer allows for more contributions to retirement accounts like IRAs and 401(k)s, as well as the opportunity to boost Social Security benefits. However, there are drawbacks to consider, such as potential health issues from prolonged work, missed opportunities due to declining health, and marital conflicts stemming from differing retirement timelines. It’s essential to weigh the pros and cons before deciding on a retirement age.

Additionally, maximizing Social Security benefits can provide a significant boost to retirement income. Learning the secrets to maximizing these benefits could result in an additional $23,760 annually in retirement income. By utilizing these strategies, individuals can retire confidently with peace of mind.



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