Keep Working
If your health is in tact, consider working during your retirement — it’s a great way to supplement your income. In addition, it helps you stay engaged and might prevent you from spending money.
“Years ago, the typical retirement length used to be 1.7 years. You didn’t need a lot of retirement savings, and pension plans worked. People don’t have pensions today. Being 65 years old today is radically different than it was 20 years ago,” said Joe Duran, founder and CEO of United Capital and author of the national best-seller “The Money Code.”
“People aren’t just working longer to make money; it’s to stay connected with the world and avoid spending money,” said Duran. “Those both have massive implications in actually living a fulfilling retirement rather than doing absolutely nothing.”