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Understanding the Phased Retirement Approach

June 21, 2022 by Bautis Financial

Does the bear market have you reconsidering your retirement date? Perhaps a "phased retirement" can ease your transition.


Have you ever considered a phased retirement?

Phased retirement is the idea of gradually reducing your work hours over a period of years, rather than retiring “cold turkey.”

It can be a good option if you still want to work, but not at the same intensity. It can also be a good strategy for those who aren’t financially ready to fully retire.

Nearly 45% of US workers envision implementing a phased retirement. Could it be right for you?

Related: Downshifting: Working Longer and Loving It

Category: Retirement Planning, VideosTag: Downshifting, Phased Retirement, Retirement Planning
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