Workers trying to better prepare for retirement  might want to reconsider how long they work before they finally cash in their chips rather than just boosting their savings rate.

They'll have more of them to cash in if they do the former rather than the latter.

Those are among the findings of a new paper from the National Bureau of Economic Research. The Power of Working Longer, even if just for an additional three to six months, will net workers more benefit (and money) "in terms of increasing a household's affordable, sustainable standard of living in retirement" than socking away one more percentage point in savings over a 30-year period.

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