If you ever fantasized of leaving your job on your 67th birthday and hopping on an international cruise, well, the pandemic likely shattered that vision. With all the ways the pandemic changed how people work, many have latched onto the idea of more flexible, phased retirement plans (or even coming out of retirement altogether).
The idea of partial retirement allows workers to still have a source of income, with the added benefits of softening the psychological blow that comes with filling your days without a job. Here’s what to know about how and why you should consider transitioning out of work with a partial retirement plan.
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