Need to Come Out of Retirement? Here's How It Affects Your Social Security Benefits

Rapper Lil Wayne said, "The more time you spend contemplating what you should have done ... you lose valuable time planning what you can and will do." If the stock market volatility this year has you second-guessing how much you saved for retirement, redirect your focus to the future and strategies to make your money last. Once the economy opens up again, returning to work may be at the top of your list.

You wouldn't be the only one to take that route, either. In May 2017, the Bureau of Labor Statistics predicted that by 2024, there will be 13 million people in the workforce ages 65 and older. A year earlier, the Federal Reserve Board found that more than 33% of retired men later returned to work. Given that Americans were generally underfunded for retirement before this year's bout of stock market turbulence, more seniors will need to extend or revive their careers to remain solvent long term.

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Source Fool.com