The Benefits of a Gradual Retirement
Ease Into Retirement, a Motley Fool article featured on MSNBC, takes a look at a gradual approach to retiring. The idea of being a full-time employee one day and a full-time retiree is a thing of the past for many people.
The article discusses the benefits of phasing down your time at your job, like negotiating to keep your health insurance for a longer time. Working part-time may also allow a person to delay the start of collecting Social Security. Why would you do that? “If you start receiving Social Security at age 62, your benefits will be reduced by $1 for every $2 you earn above a certain limit, which happens to be $12,960 for 2007.” Want to know more? Read the article.
