3 Signs You're Better Off Delaying Retirement

Group 1 - Retirement is a significant milestone that can be difficult to reverse, making it essential to be confident in the decision to retire [1] - Social Security benefits are crucial for retirement income, and claiming them before full retirement age can lead to permanent reductions in monthly benefits [2][3] - Full retirement age is 67 for individuals born in 1960 or later, suggesting that those who haven't reached this age may want to delay retirement to avoid immediate Social Security claims [3][4] Group 2 - Entering retirement with outstanding debt can increase financial stress, particularly if it includes high-interest unsecured debt like credit card balances [5][6] - Paying off debt before retirement can lead to a more comfortable financial situation during retirement years [5][6] - Enjoying one's job can provide emotional and financial benefits, making it worthwhile to consider delaying retirement if one loves their work [7]