Delayed gratification, retirement reward – deferred compensation seniors! Retirement planning for seniors with deferred compensation is like understanding how delayed payments from past work, like stock options or bonuses, impact retirement income. It’s about factoring in these future payments into your overall retirement plan. Think of it as getting a financial bonus in retirement from past efforts! The twist? Deferred compensation can be a valuable retirement asset, but it’s important to understand the terms and tax implications. Actionable Tip: Learn about different types of employee benefits and compensation. Understanding how companies compensate employees, beyond just salary, is valuable for your future career decisions.