late retirement

Working past sixty-five

Late retirement is retiring from work at an age beyond the standard or expected retirement age.

Someone might choose late retirement for financial reasons, continued fulfillment from work, or to maximize pension benefits: He opted for late retirement at seventy to boost his Social Security payments.

The term often appears in contrast to early retirement in discussions of pension plans and employment policy.

Related

exit strategy · sixty-five · seventy · working · second career · savings · Social Security · nest egg · fixed income · career · office · prolonged · extended · workforce · gray hair · benefits · 401k · financial

Categories
Opposites
timing of career exit

late retirementearly retirement

Exiting career before standard age

premature retirement · early departure · early exit · early withdrawal

career trajectory pattern

late retirementquitting early

Stopping before the end

Family

late, later, latest, lately, lateness, belated, belatedly, retirement, retire

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Used worldwide · Timeless · Everyday, not technical · Rated G