Working at 70: What It Means for Your Social Security Checks
It's crucial to understand what happens when you continue to hold down a job.
Overview
Although many people look forward to retiring by the time they turn 70, not everyone is ready to leave the workforce at that point. You may decide to continue working because you enjoy your job, or because you need the paycheck. Or, you may opt to go back to work after having retired because money has gotten tight.
Age 70 is generally considered the latest age to sign up for Social Security, since it's when you stop accumulating the delayed retirement credits that can boost your monthly benefits. You can technically sign up beyond that point, but waiting won't do you any good.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.