Skip to main content



Working Past Retirement

Thursday, July 27, 2017

Working past the age of retirement is a growing trend in America. In fact, according to the latest Pew Research, nearly 20 percent of Americans 65 and over reported being employed full or part time. The number is projected to hit 30 percent by 2022. People aren’t necessarily working longer because they have to, but instead because they want to.

There are benefits to extending your employment that range from keeping the mind active to increasing your Social Security benefits.

Psychologists say your brain is like a muscle – using it helps it stay strong and fit. While mental decline as you age appears to be largely due to altered connections among brain cells, research has found that keeping the brain active seems to increase its vitality and may build its reserves of brain cells and connections. You could even generate new brain cells.

The stereotype of aging workers unable to keep up with the demands of their jobs is passé. In some industries, like education, law, business, and social services, older workers are thriving because of their extensive knowledge base. Many older workers say they find their work more satisfying now than they did in their thirties and forties.

There is also a somewhat little known benefit to working past 65 called Social Security Delayed Retirement Credits. If you defer receiving retirement benefits until after your full retirement age, your monthly benefit continues to increase on a percentage basis depending on when you were born. To find out how much, go to the Social Security retirement planning website.

If you decide to delay your retirement, be sure to sign up for Medicare at age 65.

In the end, if you are healthy and able to work past the age of retirement, there is good science backing you up. Just imagine the reward that comes with mentoring a younger worker and being valued for your knowledge and work ethic.

07.05.2017 Food Safety for Seniors 07.05.2017 Summer Fun for Seniors 06.09.2017 Staying Safe During a Heatwave 05.17.2017 May is National Military Appreciation Month 05.01.2017 May Is Older Americans Month 04.13.2017 Take Time to Unwind 03.09.2017 Keeping Active at Any Age 03.02.2017 March is National Developmental Disabilities Awareness Month 01.06.2017 Lifeline Alert Scam 12.09.2016 Guarding Your Medicare Number 10.17.2016 Energy Assistance Programs Help Lower Income Minnesotans Combat Winter 10.17.2016 Medicare Open Enrollment 10.17.2016 Minnesota Pharmacy Syringe Access Initiative 10.17.2016 Connecting Minnesota Veterans with the Help and Services They Need 09.21.2016 Celebrating Wisdom 07.25.2016 Blazing a Trail at the Minnesota State Fair 06.28.2016 DB101 Website Launches New Tool – My Vault 06.21.2016 Medicare's Mail-Order Diabetes Testing Supply Program 06.07.2016 Summer = County Fairs in Minnesota 06.07.2016 World Elder Abuse Awareness Day 05.12.2016 May is Older Americans Month 04.27.2016 TAKING BACK UNWANTED PRESCRIPTION DRUGS April 30th 03.18.2016 Live Well at Home Grant 01.27.2016® Review Pilot to Begin 01.27.2016 One in four Minnesotans may not be ready for long-term care costs 01.27.2016 Minnesota ranked as the best state to retire 08.12.2015 Return to Community and MnCHOICES Initiatives Recognized for Innovation 06.22.2015 Medicare Turns 50 06.22.2015 Minnesota Board on Aging at the State Fair 06.22.2015 Minnesota Hosts 2015 National Senior Games 06.22.2015 Twenty-five Years of ADA 06.17.2015 Observation Status: Are you an Inpatient or an Outpatient in the hospital?