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5 Benefits of Working in Retirement

Planning Matters Radio / Peter Richon
The Cross Radio
January 20, 2024 10:00 am

5 Benefits of Working in Retirement

Planning Matters Radio / Peter Richon

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January 20, 2024 10:00 am

Retirees may not be ready to stop working! According to the Bureau of Labor Statistics, just over 30 percent of people aged 65-74 are employed! That's up from about 25 percent in 2021. In fact, as Peter Richon with Richon Planning lays out with Erin Kennedy, as Boomers age, more are viewing retirement as another opportunity instead of an ending. Here's a look at the top 5 benefits of working in retirement:   1. Mental Health: people who pursue meaningful activities say they feel happier and healthier, according to the NIH 2. Physical Benefits: working provides you with many opportunities to stay balanced, strong, and healthy 3. Financial Benefits: working during retirement may allow you to delay taking Social Security benefits. For every year you wait to claim, your benefits increase by 8 percent! 4. Emotional Benefits:  a sense of purpose has been associated with a longer lifespan and better quality of life 5. Social Benefits:  increased isolation is a common retirement risk. Meaningful interactions reduce that risk.   Designing and achieving a fulfilling retirement isn't just about money. Peter can help you build a well-defined and holistic financial plan that addresses your unique goals and concerns. If you'd like to speak with him, please call (919) 300-5886 or visit www.RichonPlanning.com   #WealthManagement #Retirement #SocialSecurity #WorkinginRetirement 

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