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ARTICLE · 26 FEBRUARY 2021

Is Phased Retirement For You?

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Many people approaching retirement age are justifiably concerned about how long their savings will last. One strategy that can help extend the life of your savings, ...

United StatesEmployment and HR
Maureen Callahan
Maureen Callahan
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Many people approaching retirement age are justifiably concerned about how long their savings will last. One strategy that can help extend the life of your savings, while easing some of the emotional strain associated with leaving the workforce, is phased retirement. This is a gradual shift from full-time work to part-time or freelance work - and ultimately to full retirement.

Phased retirement allows you to enjoy additional leisure time while gaining significant financial benefits. But it is important to plan carefully to make the most of those benefits and avoid potential pitfalls, such as losing health insurance coverage or retirement plan matching funds.

Financial advantages

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