Alessandra Malito explains in MarketWatch:
“Delaying retirement for just three to six months does to the standard of living after retiring what an entire percentage point of 30 years of earnings would do, according to researchers at Stanford University, George Mason University, Cornerstone Research and Financial Engines. “Working longer is relatively powerful compared with saving more for most people,” they said in the report, recently distributed by the National Bureau of Economic Research” https://www.marketwatch.com/story/you-may-want-to-work-longer-heres-why-2018-01-22
Source: Financial Planning for Women
