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You are here: Home / business / Rescuing Your Retirement Step 3: Keeping Working

Rescuing Your Retirement Step 3: Keeping Working

by Miranda Marquit Leave a Comment

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Periodically, we have been taking a look at a CNN article about rescuing your retirement. This can be just as crucial — and maybe even more so — for those who work from home. If you have a home business, chances are that you need to worry even more about your investment portfolio. Today, we will look at Step 3 of CNN's five steps to helping your retirement portfolio in these economic times:

Step 3: Keep working

It doesn't seem like the ideal solution, but if you can keep working for a few more years, it will give your retirement portfolio some time to recover. Plus, you'll build up the opportunity for bigger Social Security payments down the road. (Don't forget: If you have a home business, you are still paying into the Social Security system.)

At this point, if you can put off complete retirement, that is best. It may mean taking on a part-time job if you can't keep your full-time job. And if you have a home business, you could pull back if your financial position allows it.

Other posts in this series include Pump Up Your Portfolio and Evaluating Where You Are Now.

Related articles by Zemanta
  • Saving for retirement in good times and bad (cnn.com)
  • Work: New Retirement Place (boomercafe.com)
  • 7 Ways You Can Still Retire During a Recession (usnews.com)
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