According to the self-proclaimed “Retirement Activist” Robert Laura, there are advantages to delaying retirement.* He cites a study that showed that people who waited one extra year to retire were 11% less likely to die early. He also noted that men who take Social Security early have a 20% increase in mortality risk. And as if dying early wasn’t bad enough, he cited another study that showed that postponing retirement also delays the onset of Alzheimer’s disease. Still anxious for that early retirement? These are some of the reasons for careful and thoughtful retirement planning including what will occupy your time in retirement. It has been said that retirement is the single longest phase of a person’s life. It should also be a meaningful and productive phase of that life.

*from “When Not To Retire” by Evan Simonoff, FA Magazine, June 2018