3/19/2015 – Working in retirement: Fantasy or reality? (CBS Moneywatch)

To work or not to work? That is the retirement planning question. Let’s take a closer look at this modern-day riff on the famous line in Shakespeare’s “Hamlet,” where Prince Hamlet laments about life’s unfairness but reflects that the alternative (not being alive) could be worse.

Lately, many analysts and journalists have written about the necessity of older workers continuing to work in their retirement years and the financial advantages of delaying the start of Social Security benefits and delaying drawing down retirement savings. When polled, increasing numbers of baby boomers are saying they plan to delay retirement. For example, a recent report from the Transmerica Center for Retirement Studies shows that almost two-thirds (65 percent) of workers plan to work after age 65 or don’t plan to retire ever.

Read the full article at CBS Moneywatch.