Many people picture retirement as something that happens suddenly as soon as you turn 65. And for some employees, walking out of work one day and never coming back is a dream come true.
For others, though, retirement is a longer process that takes time. You may not be sure whether you have enough to live comfortably if you retire at age 65, so you choose to work a few more years to continue saving. Or if you love your job or are worried about what you’ll do to occupy your free time once you retire, you may stay at work a few more years while you focus on a retirement plan.