If You're Collecting Social Security Early, Don't Get a Job Unless You Read This First
You could risk losing some of your benefits, which could cause a big shortfall in your budget.
Many retirees are taking a nontraditional approach to leaving the workforce. In fact, a growing number of seniors are not giving up work for good when they retire, but are instead taking on part-time jobs or even returning to work full time after quitting their careers and claiming their Social Security.
There are some benefits to working after retiring, including the ability to preserve your savings, as well as the ability to continue to enjoy the social connections and mental challenges that working provides. However, if you have claimed Social Security already and are thinking about getting a job, you need to be aware that this decision could have an impact on your monthly benefits.
Here's how working could affect Social Security, so you aren't caught off guard by changes that you could see in your checks.
