Dear Penny: Will Scaling Back My Workload at 60 Years Old Affect My Social Security?

But that means I will earn less during my final work years.

I dont plan to apply for SS benefits until age 65 at the earliest.

Since Social Security uses a combination of later years earnings as an average?

A woman sitting in an office setting works on her laptop computer.

If youve worked less than 35 years, reducing your earnings now could matter.

For example, if you worked from ages 30 to 60, thats 30 years.

Maintainingsomesalary for the next five to seven years might help even more.

Is Your Bank Holding You Back?

Got $1,000 in checking?

Thesesmart movescould help you reach your next big savings goal.

Social SecuritysQuick Calculatorcan help you estimate your potential benefits based on your earnings over the years.

Dana Miranda is a Certified Educator in Personal Finance and author of YOU DONT NEED A BUDGET.