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With the decline of the financial markets, many workers between the ages of 50 and 65 are asking their financial advisors if they should rethink the start of their retirement. The answer, of course, is that it depends. But certainly the considerations that apply to most everyone would be that by holding off allows you to 1) wait until the financial recovery is underway and your investments start to return to their earlier values and 2) buy into the market at low prices and take advantage of any upswing, thereby making up for some of your losses.

Here are some other smart reasons to delay retirement in this economy:

Given the daunting political and economic climate, doesn’t it sometimes feel like we are spectators watching an intense football game where everything is on the line and the score keeps changing? We go from cheering (our candidate is up 5 points in the polls) to panicking (the stock market is down 900 points). We go from relief (gas prices are under $3.00 a gallon for the first time in a year) to shock (the quarterly statements arrived and we’d rather not look).