According ot the Employee Benefit Research Institute (EBRI) 29% of workers said feeling truly needed was one of the top reasons for staying at work. Receiving full pension while working part-time, a pay increase, or company subsizied health insurance were all good reasons to continue working. If you are considering working after 62 think about the following: How working effects my taxes? Change drawing schedule from Social Security? How will retirement affect you personally? Tax issues shouldn’t determine your goals. Just fully understand the impact that work related income will have on your retirement plans.
