The Impact Of One More Year Of Work On Your Retirement Plan

A benefit of one more year of work on your retirement plan. Cutting it close on retirement savings isn't ideal so some scenarios require a little bit more work just to ensure you don't run out of money :)

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[chrispyk]

Interesting. So many FIRE folks talk about the trap of One More Year. But you've gotta do what's right for you. At what point does the additional time in retirement outweigh the security of your paycheck?

[johngill]

One more year would be a big deal for anyone retiring before social security
But then again working one more year can also be a big deal if you die soon after retirement
If we only knew how long we will live