Delaying Retirement

You can delay retirement to make your income last

There are many benefits to delaying retirement for as long as possible.
Continuing to work gives you more time to save for retirement. It reduces the years which you have to fund with your retirement savings.  Social Security benefits increase the longer you wait to claim*, and retirement investments have additional time to potentially grow in tax-deferred accounts.

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* For more information on Social Security strategies go to ssa.gov.  The information provided is for general use and education purposes only. It does not address all potential claiming strategies based on your unique situation. You are solely responsible for selecting and implementing a Social Security claiming strategy.
1 Social Security Benefits.  Annual delayed retirement credit percentage varies from 3% to 8% by year of birth -  https://www.ssa.gov/oact/quickcalc/early_late.html
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made in consultation with an investor’s personal advisor based on the investor’s own objectives and circumstances.
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