Since the start of the pandemic, about 3% of retirees between 55 and 64 have re-entered the workforce! If you’re thinking of going back to work, or “unretiring,” there are a few details you should keep in mind. First, you will not lose your Social Security benefits, but they may change, as Sean Tole with Davis Wealth Management explains to Erin Kennedy.

Also, if you “unretire,” you may have to keep taking RMDs, and there may be an impact on your Medicare benefits.

If you’re thinking about going back to work, it’s certainly worth having a conversation with a professional to learn how it could affect your Social Security benefits. And if you’re nearing retirement age, make sure you work with a professional who can help you create a holistic financial plan that can withstand market volatility. If you do go back to work, you want to do it because you want to, not because you have to. To have that conversation with Sean please call or visit www.DavisWealthMgmt.com.