Are Baby Boomers working longer?
Have you thought about the implications of holding off your retirement age?
“A growing number of people plan to work past traditional retirement age, and not for the reasons you might suspect. Here are three key questions to ask yourself if you’re planning to extend your career.”
There are some things you need to consider in making that decision, here are a few questions to ask:
1. Will you need to supplement your income?
2. How will it impact your Social Security?
3. What are the tax considerations?
Did you know?
The earliest age for filing is 62 but Social Security benefits are three-quarters higher at age 70!
Baby Boomers working longer may be the trend of the future!
ALWAYS CONSULT A CERTIFIED FINANCIAL PLANNER BEFORE MAKING ANY DECISIONS ON YOUR RETIREMENT FUTURE!