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As workers age and many retire earlier than they might like, thanks to health or other issues, some point out that if they could ease into retirement it would be more beneficial than either sticking it out at work or having to leave the job altogether.
Experts also point out that when people fully retire before they’re really ready to go, it can leave them short of cash during retirement as well as leaving the labor market short of experienced workers and expertise.
With those and other issues in mind, the Government Accounting Office did a study on phased retirement in other countries to see what the U.S. might learn from others’ experiences.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
