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Late Retirement

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Late Retirement
A situation in which one delays one's retirement until after the usual time. For example, if the general retirement age is 65, one takes late retirement if one works until one is 70. In the United States, late retirement can increase one's Social Security benefits because one continues to pay into the system.


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Research by uSwitch has revealed that high living costs, below average government spending on health and education, lack of holidays and late retirement have contributed to a bleak picture for Brits.
Late retirement is when life quiets and medical issues come to the fore.
You need to be aware of the consequences of early retirement, timely retirement and late retirement.
 
 
 
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