Working in “Retirement”
In This Chapter
Facing the pros and cons of working later in life
Understanding the Social Security earnings test
Navigating your first months of retirement
Going back to work after you’ve retired
Getting special advice if you’re self-employed
Paying taxes on your retirement benefit
Once upon a time, work and retirement meant two different stages of life. You worked until you got older, and then one day your employer gave you a little keepsake and you walked out the door. Forever. But as you know, those days are gone.
If you’re a Baby Boomer or Gen Xer, work may be part of your life beyond what people once thought of as retirement age. If you like to work and have decent choices, you’re ahead of the game. Work can be healthy and rewarding on many levels. But millions of other people are hanging in there for the simple reason that they need the money. ...