Retirement isn’t one-size-fits-all—and delaying retirement can be a smart move for some people and a mistake for others. In this episode of Retirement Roadmap with Master Plan Retirement Consultants, Evan and retirement planner Mark Fricks walk through the most common reasons people work longer (financial security, purpose, flexibility) and the key tradeoffs you need to evaluate before you choose a retirement date.
It’s such a wide open field as far as decisions to be made. There’s so many things to think about. If you were blessed to have a pension, how should you take that? If you wait longer, is your pension larger? Some pensions get frozen, right? So it doesn’t help to go further. We all know about the Social Security decisions, which I’m sure we’ll talk about today as well. But there’s more math to it.
– Mark Fricks
Advisory services offered through MasterPlan Retirement Consultants, Inc., a Registered Investment Advisor in the state of Georgia. Insurance, tax, and commodities services offered through Fricks and Associates, Inc. dba MasterPlan Retirement Consultants. The aforementioned are affiliated companies.
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