A contingency plan1 of 9Working in retirement might sound like a contradiction in terms. But working past the age you'd intended to retire is one of the best ways to build long-term retirement security. Even a few additional years can pay a surprisingly large bonus down the road in the form of higher annual retirement income.If your retirement planning efforts didn't bear as much fruit as you had hoped, working longer may be your best plan B. Related Articles:Collecting Social Security5 Social Security factsBuild a secure retirementBoomer's IRA dilemmaRelated Links:Planning your lifeLeaving money to heirsTarget-date funds a trap?Take control of 401(k) advertisement
Working in retirement might sound like a contradiction in terms. But working past the age you'd intended to retire is one of the best ways to build long-term retirement security. Even a few additional years can pay a surprisingly large bonus down the road in the form of higher annual retirement income.
If your retirement planning efforts didn't bear as much fruit as you had hoped, working longer may be your best plan B.
