Rethinking Retirement Strategies: The Limitations of Working Longer for Maximized Benefits
Elongating one’s working years to optimize Social Security benefits might be a compelling retirement strategy. Continuing employment can enable individuals to maximize their eventual benefit, persist in saving for retirement, and circumvent the need to tap into investments for daily expenses. However, a significant obstacle emerges: this extended employment option is infeasible for most of the population. The information was revealed in a book titled “Overtime: America’s Aging Workforce and the Future of Working Longer.” …