Diminishing employment opportunities notwithstanding, 9.5 million retired Americans are considering returning to work at least part-time, according to a study by Charles Schwab. Also, 32% of currently employed Americans expect to hold onto their jobs and delay retirement.

Both choices carry significant implications and require careful planning. “The situation many Americans have found themselves in illustrates the importance of long-term retirement planning,” said Rich Rosso, a financial consultant at Charles Schwab’s Houston branch. “There are also a host of things people can consider to help smooth the ride.”

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