Financial Planning
As is obvious, many people aren’t really retiring these days, at least not in the traditional sense of the word. There are many advantages to working during retirement or postponing for as long as possible. This allows your savings to compound, instead of being used up and the Social Security payout rises by 8 percent a year for every year of delay after age 62 and before age 70.

New rules are work longer, save more and try not to spend all your assets (live frugally) and postpone signing up for Social Security for as long as possible.

And according to Todd Bucholz on PBS Nightly Business Report, “Second, work is good for us. Early retirement kills brain cells. Studies show that in countries where people quit early, they lose IQ points. In France , people imagine they’ll spend their days eating pastries at cafes. Instead, they lose the ability to find the café or figure out how to pay when the check comes.”

When it comes to financial planning, the trend seems to be to work longer, stay smarter and still be able to enjoy life.