Delaying Retirement Due to Stock Market Turbulence? 3 Benefits You Might Reap

Although the stock market has been volatile since the start of the year, the past month has been particularly brutal. In fact, many people's portfolios are down 20% or more for the year, and at this point, it's hard to say when the market is going to rebound.

If you're many years away from retirement, this recent bout of turbulence may not be such a problem. But if you're close to retirement, you may now be rethinking your plans to leave the workforce in light of the current state of the market.

At first, delaying retirement may not seem like a route you want to take. But there are actually several benefits you might enjoy if you wind up postponing your workforce exit by a few years. Here are a few to consider if you're unsure you should move forward with retirement in the near term.

Source Fool.com