What are the 5 key factors to consider if you plan on working beyond the age of 75?

Factors to Consider if You Expect to Work Past 75

With people living longer and healthier lives, it’s becoming more common for individuals to continue working well past the traditional retirement age of 65. If you’re considering working past 75, here are five important factors to consider:

1. Health and Wellness

• Are you physically and mentally capable of continuing to work?
• Have you consulted with your healthcare provider to ensure you can handle the demands of your job?
• What steps can you take to prioritize your health and wellness as you age?

2. Financial Security

• Have you saved enough for retirement to support yourself if you choose to stop working at some point?
• Are you aware of any potential financial challenges that may arise as you continue to work past 75?
• Have you considered how working longer may impact your Social Security benefits or other retirement income?

3. Work-Life Balance

• Are you prepared to balance work responsibilities with personal interests and relationships?
• Have you thought about how working longer may impact your ability to spend time with loved ones or pursue hobbies and interests?
• What steps can you take to maintain a healthy work-life balance as you continue working past 75?

4. Career Satisfaction

• Do you still find fulfillment and satisfaction in your current job or career field?
• Have you considered exploring new opportunities or transitioning to a different role or industry?
• What steps can you take to ensure you continue to feel engaged and motivated in your work as you age?

5. Long-Term Planning

• Have you thought about your long-term goals and objectives for continuing to work past 75?
• Have you considered how your decision to work longer may impact your overall retirement plans and financial future?
• What steps can you take to create a long-term plan that aligns with your goals and priorities?

By carefully considering these factors and addressing any concerns or challenges that may arise, you can make an informed decision about working past 75 that aligns with your values and lifestyle preferences.