How to phase into retirement | USA Today by Robert Powell


Plenty of older Americans apparently want to do it. No, not that. They want to slowly phase into retirement.

In fact, more than six in 10 workers (64%) “envision a phased transition into retirement that may involve shifting from full-time to part-time employment to keep earning income yet with more time to enjoy life,” said Catherine Collinson, president of Transamerica Center for Retirement Studies and author of the report, The Retirement Readiness of Three Unique Generations: Baby Boomers, Generation X, and Millennials. “Others may want to pursue work that is more personally satisfying and/or less demanding. Some are even dreaming of encore careers.” You can read the full study here.

Unfortunately, not that many employers offer workers a way to phase into retirement. Just 13% of organizations offered some type of phased retirement, 4% offered a formal phased retirement program and 9% offered an informal program, according to the 2014 Society for Human Resource Management (SHRM) Employee Benefits Report.


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