Don’t Want to Fully Retire? Here’s When Phased Retirement May Work

Don’t Want to Fully Retire? Here’s When Phased Retirement May Work

The American College of Financial Services
CNBC
September 22, 2021

In today’s uncertain economic environment, the idea of quitting a job “cold turkey” and moving straight to a life in full retirement can be daunting for clients. Many advisors are now counseling people to more gradually reduce their work hours, prolonging their income streams.

Steve Parrish, Co-Director of The College’s Center for Retirement Income, says the combination of people living longer, shrinking pension plans, and the COVID-19 pandemic are all playing a part in the decision. Read more in this article from CNBC.

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