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Here's 1 Lesser-Known Benefit of Working During Retirement


Some people pledge never to work again once their retirement kicks off. But there are plenty of good reasons to consider holding down a job as a retiree.

First of all, if you don't have much in the way of retirement savings, income from a job could come in handy. You can use your paycheck to leave your nest egg as intact as possible so that your invested savings are able to grow into a larger sum. And if you can't leave your savings alone, you can at least minimize withdrawals.

Working in retirement can also have non-financial benefits. Having a job to go to is a great way to stay occupied without having to spend money (other than what it might cost you to commute). And working might also do good things for your health. It could prevent you from becoming too sedentary, which could have negative consequences.

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Source Fool.com


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