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Phased Retirement–Thinking Through this Alternative
A post on cincinnati.com by columnists Nathan Bachrach and Amy Wagner takes a look at some of the aspects associated with the concept of a “phased” entry into retired life. Beginning with a gradual withdrawal from a full-time workload, and structuring your financial plans accordingly, may provide the ability to ease into retired life, providing the details line up correctly for you. For example, can you remain in the same job but simply reduce hours, will your healthcare coverage continue as you slowly exit, and so on. The Bachrach/Wagner post explains how this somewhat uncommon approach might work and what needs to be considered. Read the post here…