Older Americans Are Delaying Retirement Due to Inflation. Should You?
It's no secret that living costs have been soaring since the latter part of 2021. But over the past few months, Americans have really been feeling the crunch. And a recent uptick in gas prices is only making matters exponentially worse.
Consumers are feeling so squeezed by inflation that many are putting off milestones in light of it. For 13% of older Americans, that includes delaying retirement, according to a new survey by the Nationwide Retirement Institute.
If you're nearing retirement age, you may be wondering whether it pays to postpone that stage of life and keep working. Here are a few things you should ask yourself to make that call.
Source Fool.com
