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Sterling Raskie: Should You Delay Retirement?
(By - Sterling Raskie)
If you’re fortunate enough to look forward to a company or state pension, retiring as soon as possible and collecting the benefit may tempt you, or you might want to collect Social Security benefits at the minimum age of 62. Before launching your golden years, consider all effects on delaying retirement and continuing to work. First, two obvious points: Find out if you accrue extra pension benefits for extra years of service; regarding Social Security, your monthly benefits generally rise the closer you are to age 70 before you begin taking them. Read more…
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