Social Security and working simultaneously is common, with 2 in 5 people combining work and benefits for some time. Sharon Smith started her benefits at 67 while still working as an executive coach, using the income to transition her career and focus on health.

People who work after claiming benefits fall into two groups: low earners who claim early and work part-time, and higher earners who claim around full retirement age and often continue to work full-time to maximize monthly benefits.

You can take Social Security as early as 62, but benefits are reduced up to 30% from what you would receive at Full Retirement Age (FRA). Delaying benefits earns delayed retirement credits, roughly an 8% increase for each year until age 70.

Working after claiming Social Security benefits may temporarily withhold a portion for earnings over a certain threshold, approximately $23,000. The earnings test changes at full retirement age, allowing unlimited earnings without benefit reduction.

Many workers 65 and older work for both financial need and personal satisfaction. Retirement is shifting towards a gradual transition, with older adults reporting positive experiences with work boosting health and well-being.

The number of workers over 65 in the US labor force has increased significantly, projected to be 8.6% by 2032. The Super Age model guarantees people will keep working after claiming Social Security, requiring a retirement strategy that adapts to longer lives and higher costs.

Read more at Yahoo Finance: The ‘slow fade’ to retirement more people are choosing