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Home / Retirement Planning / Working Longer May Mean Living Longer

Working Longer May Mean Living Longer

September 13, 2013

Retirement Planning Tagged With: living longer, retirement

Although some people count the years, then months, then days until they can retire, others never seem to retire. If you are one of the people who cannot imagine not working, who hasn’t even bought a rocking chair yet, and who actually enjoys your job…there is encouraging news. It turns out that working longer may mean living longer.

A 30 year study conducted by Shell Oil found that people who waited until age 65 to retire actually lived longer than those who choose to retire at age 55. While not many people retire these days at age 55, the results of the study found a direct correlation between waiting longer to retire and living longer. If you are 70 and still working, you may live longer than your friend who retired at 60 years old. According to the study, people are twice as likely to die within the first ten years after retiring if they retire younger than if they wait to retire until they are older. The chance of dying earlier is even greater for men who retire earlier.

So what does this mean for you? For one thing, it means that the next time a loving family member or friend starts nagging you about why you haven’t retired, you have an excellent, practical response to give them – you are trying to increase your life expectancy! Even the most well-meaning friend or family member will have a hard time finding an argument for that response!

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Paul Gantner
Paul Gantner
I am an owner of Amen, Gantner & Capriano, Your Estate Matters, L.L.C. I have been able to bring my business and legal education and experience into a firm that has for many years provided comprehensive estate plans that meet clients’ needs and expectations.My passion has been creating and constantly pushing AGC’s mission of “Helping Families Secure their Legacies by Embracing them into the Law Firm Family through Long-term, Personal Advisory Relationships.”
Paul Gantner
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Filed Under: Retirement Planning Tagged With: living longer, retirement

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About Paul Gantner

I am an owner of Amen, Gantner & Capriano, Your Estate Matters, L.L.C. I have been able to bring my business and legal education and experience into a firm that has for many years provided comprehensive estate plans that meet clients’ needs and expectations. My passion has been creating and constantly pushing AGC’s mission of “Helping Families Secure their Legacies by Embracing them into the Law Firm Family through Long-term, Personal Advisory Relationships.”

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