Returning to Work After Retirement? Avoid These 3 Common Pitfalls

Going back to work after retirement can cut into Social Security, raise Medicare costs, and push you into higher taxes.

If you want to join the ranks of the unretired, you may want to consider the impact it will have on your finances before you do. Dreamstime/TCA

By Donna Fuscaldo From Kiplinger’s Personal Finance

Jim Carrey, Al Pacino, and Hugh Grant aren’t the only ones who came out of retirement. Countless people return to the workforce after retiring. For some, it’s a matter of money—they have savings, but are afraid it’s not enough. For others, it’s about their well-being—they are bored and miss the structure and sense of purpose work affords them.