What Happens If You Work Past Age 70?
Imagine retiring at 37 after 15 years of work after undergrad. You spend the next 3 years traveling the world, living a leisure lifestyle and experiencing new things. At age 40, you realize the reason why travel and play is so fun is because of work!
How long should you be out of the workforce before retirement?
Again, a large employment gap is perceived as riskier by the employer and you may be unhireable if you need to return. If you want to retire early, the most you should be out of the workforce is three years, but preferably two years.
What happens if you work past your Fra?
Then, of course, if you wait to collect beyond your FRA, you earn delayed retirement credits, up to age 70, which will increase your monthly payment. Continuing to work past your FRA could increase your benefits—depending
