A growing number of older workers are choosing to retire later. There are many potential reasons for this, including the rise of remote work, changing views on the nature of retirement and financial stress that makes retirement unappealing for those who have saved too little.
Earning a paycheck for more years of your life undeniably has a positive impact on your pocketbook, as you don't need to rely on your savings as soon. You can also save more and potentially increase Social Security benefits in two ways. First, by delaying your start to benefits, and second, by boosting your "average wage" (used to calculate your Social Security benefits), especially if you're earning more on an inflation-adjusted basis than at earlier points in your career.
