Workers often say they want to retire gradually. As retirement is a sharp break with life as they know it, it’s not surprising that many prefer to negotiate the transition a step at a time. Many policymakers also view gradual retirement favorably. They see it as a way to extend careers, shorten retirements, and thereby improve retirement income security. Expanding opportunities for gradual or “phased” retirement has thus gained a prominent place on the policy agenda...
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Paper provided by Center for Retirement Research in its series Issues in Brief with number
ib2007-7-16.
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