Working Beyond Retirement Age - What to Consider
Retirement used to be seen as a finish line—a well-earned rest after decades of work. But for many women today, especially those in good health and with energy to spare, the idea of retiring at 65 feels outdated. Whether it's to stay mentally sharp, maintain social connections, supplement income, or simply because you love what you do, working past traditional retirement age is increasingly common—and entirely valid.
But choosing to keep working isn't just about whether you can—it’s also about whether it makes sense for your life, finances, and wellbeing. If you're fortunate enough to have the option, here's what to consider.
The Power of Purpose
One of the strongest arguments for continuing to work is the sense of purpose and identity it brings. Many women find that work offers structure, identity, and daily interaction—things that can fade quickly in retirement. Even part-time work, freelancing, consulting, or mentoring can provide a satisfying sense of contribution and keep your days interesting.
The benefits are more than emotional. Studies show that continued engagement in meaningful work can reduce the risk of cognitive decline and depression in later life. If you enjoy what you do and your body and mind are still up for it, working can actually enhance your quality of life.
Health: Be Honest, Not Hopeful
That said, your health should always be front and center in the decision-making process. Are your energy levels consistent? Do you have any chronic conditions that may flare up with added stress or long hours? Could continuing to work delay necessary rest, treatment, or lifestyle changes?
Some women thrive in high-energy roles well into their seventies, while others find that scaling back or shifting to less demanding work is a better fit. The key is to be realistic—not just about your current health, but also about how things might change over the next few years.
Listen to your body, trust your instincts, and don’t hesitate to adjust your plans if the demands of work begin to outweigh the benefits.
Financial Considerations: More Than Just a Paycheck
Working longer can make a significant difference to your financial future. It gives your retirement savings more time to grow, may increase your Social Security payments (if you’re in the U.S.), and can help delay dipping into pension funds or investment accounts.
But there are nuances. For example, continuing to work while collecting Social Security before your full retirement age could temporarily reduce your benefit. It’s also important to understand how additional income might affect your tax situation or eligibility for certain government benefits.
If you have a financial advisor, now’s a good time for a check-in. Make sure your working income fits strategically into your broader retirement picture.
Flexibility is Key
One of the greatest advantages of working post-retirement is that it can often be on your terms. Maybe you want to consult a few days a week, work seasonally, or pursue a passion project that finally earns a little income. Remote work, job-sharing, and part-time roles are increasingly accessible and can offer a healthier work-life balance.
You may also want to explore entirely new avenues—like teaching, writing, or starting a small business. If your retirement savings are solid, this is a perfect time to follow your curiosity without the pressure of climbing a career ladder.
What Does Your Next Chapter Look Like?
Retirement doesn’t have to be a sudden stop. For many women, it’s a chance to reimagine what work means—moving from obligation to choice, from survival to satisfaction.
So if you’re considering working beyond the usual age, take the time to look at the whole picture: your health, your finances, your happiness, and your goals. If work still lights you up and supports the life you want, there's no rule saying you have to stop.
After all, wisdom, experience, and passion don’t have an expiration date.
