The latest twist in the ‘Great Resignation’: Retiring but delaying Social Security
Article Excerpt: "...Social Security allows most people to enroll as early as age 62, but steadily increases monthly payments to those who enroll later, up to age 70. Someone who turned 65 this year and last earned $60,000 could see their monthly payment jump from $1,418 to $1,550, a 9 percent increase, by delaying their retirement by a year, according to Social Security’s calculations. ..."
Resource: www.washingtonpost.com