Tag: work
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The Benefits of Phased Retirement
Until relatively recently, employees in the U.S. typically transitioned directly from full time work to full time retirement. That practice had at least four major drawbacks: Some employees wanted to stop working full time but for financial reasons felt a need to continue earning. Some employees found their work meaningful apart from the income it…
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Do Boomers Threaten Young Workers’ Jobs?
As life expectancy increases and the retirement income system contracts, households face an enormous challenge in ensuring a secure retirement. Working longer is the best way to increase retirement incomes. But some suggest that more work by older persons reduces the job opportunities for younger persons.