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The best reason of all to postpone retirement

·3 min read
The best reason of all to postpone retirement

Everyone knows the financial arguments for why we should wait as long as possible to Social Security benefits: Your benefits increase by 8% for every year from age 62 to age 70 that you postpone claiming. This cognitive benefit of postponing retirement was documented by a study that was published in the September 2021 issue of SSM –Population Health, a peer-reviewed journal. Entitled “Does postponing retirement affect cognitive function?,” its authors, from the Max Planck Institute for Demographic Research in Rostock, Germany, are Joe Mhairi Hale, Maarte Bijlsma, and Angelo Lorenti.