Listen "Working Beyond Retirement: The Benefits of Part-Time Jobs"
Episode Synopsis
We explore the financial and emotional benefits of part-time employment during retirement, discussing how it can both extend retirement savings and provide a sense of purpose during this major life transition.• Part-time work provides social connections and purpose when transitioning from decades of career identity• Working in retirement can help extend retirement funds by supplementing income and reducing the need to deplete savings• Delaying Social Security through part-time income can increase benefits by 6-8% per year• Continuing to earn income allows for ongoing retirement account contributions rather than withdrawals• Working part-time may help improve Social Security calculations by replacing "zero" years in the 35-year formula• Popular retirement job options include freelancing, consulting, retail positions, teaching, and tutoring• Creative options include renting property, selling on Etsy/eBay, blogging, creating online courses, and tutoring• Choose work aligned with your personal interests and desired lifestyle flexibilitySchedule your complimentary consultation at masterplanretire.com or call us at 770-980-9262 to discuss your retirement strategy.Have a topic or question you'd like Mark and Evan to address in a future episode? Email us at [email protected] or call 770-980-9262.https://masterplanretire.com/Catch all episodes of our podcast at https://www.masterplanyourretirement.com/resources/episodesListen to Mark Fricks on Saturdays at 8:30 a.m. EST on AM920 WGKA and 12:00 p.m. on XTRA 106.3FM WFOM.Sign up for one of our upcoming events at https://www.masterplanyourretirement.com/eventsPurchase Mark's Book, The Road LeSend us a textVisit masterplanretire.com to access our retirement checklists, podcasts, and schedule a complimentary consultation.Call 770-980-9262 to speak directly with someone about your retirement planning needs. https://masterplanretire.com/Catch all episodes of our podcast at https://www.masterplanyourretirement.com/resources/episodesListen to Mark Fricks on Saturdays at 12:00 p.m. on XTRA 106.3 FM WFOM.Sign up for one of our upcoming events at https://www.masterplanyourretirement.com/eventsPurchase Mark’s book, The Road Less Traveled: Turning Your Retirement Worries Into an Excursion of a Lifetime, on Amazon: https://a.co/d/4fx94Al 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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