One-more-year syndrome.
In plain English
One-more-year syndrome is the tendency of people who can afford to retire to keep postponing it by one more year, again and again. The driver is usually fear rather than math: worry that the savings will not last, a wish for a slightly bigger cushion, or unease about leaving a familiar routine and identity. Each extra year does add a little safety, but the pattern can run long past the point where the numbers already worked, trading years of health and freedom for a cushion that may never feel big enough.
01Why it matters
Time in good health is finite and does not compound the way money does, so recognizing one-more-year syndrome helps a person weigh the real value of another working year against the years of retirement it postpones.
02The math, step by step
A saver hits a plan that comfortably covers their needs but decides to work one more year for extra safety, then repeats that decision each year as new worries surface. The cushion grows a little; the postponed years of retirement do not come back.
03What this is NOT
It is not the case where the numbers truly do not work yet. One-more-year syndrome is delaying past the point of financial readiness out of fear, not continuing to work because the plan actually still falls short.
04Receipts
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