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10 Cities Where More Seniors are Staying in the Workforce


10 Cities Where More Seniors are Staying in the Workforce
In this cities, the percentage of older workers is rising.
Editor s Note: This story originally appeared on SmartAsset.com.
The traditional retirement age of 65 is not a universal benchmark, especially for many older workers who are staying in the workforce beyond this age. The Social Security Administration has set the full retirement age for workers born in 1960 or later at 67. Furthermore, the U.S. Bureau of Labor Statistics projects that 33.2% of workers between the ages of 65 and 74, as well as 11.8% of those 75 and older, will still be working in 2029. With all this in mind, SmartAsset identified and ranked the cities where seniors are increasingly staying in the workforce for 2021. ....

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7 Types of Retirees Who Claim Social Security Early


7 Types of Retirees Who Claim Social Security Early
How many of these traits do you share with retirees who take their Social Security benefits ASAP?
Halfpoint / Shutterstock.com
One of the most vexing questions in retirement boils down to this: Should I take Social Security early, or should I wait?
The right answer is surprisingly complex, and largely depends on your financial circumstances, health and lifestyle desires. We have addressed this debate in two stories:
While some people wait until full retirement age or later to file for their benefits, many others take Social Security as soon as they can get it which is age 62 in most cases. ....

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