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Retirement Advice - It's Actually Better to Work Longer Than To Save More

Don't stop working! Robert Powell, editor of Retirement Daily, tells us that it's actually better to work more and save less. Really. Watch the video for more.

It almost seems counterintuitive -- but studies have shown that if you have the choice between working more or saving more, you may be surprised that the answer is to continue to get up in the morning and get to work! 

Robert Powell, editor of Retirement Daily, gave us all the stats on that in the video above -- so be sure to watch.

You can understand how it makes sense, though.  If you keep working you are still contributing to your retirement and don't have to tap into your retirement funds.  Even better, you can put off taking Social Security. 

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Now granted, not everyone can keep working in retirement so it is clearly still very important to save. But if you're healthy and motivated, find a job you love and go for it.

Watch TheStreet's New Retirement Series: Ask Bob:

Retirement is coming. It's never too late -- or too early -- to plan and invest for the retirement you deserve. Get more information and a free trial subscription to TheStreet's Retirement Daily to learn more about saving for and living in retirement. Got questions about money, retirement and/or investments? Email