Most workers, given the still fragile economy, are trying to hold on to their jobs, not ease out of them. But as nest eggs begin to recover, many of us will begin thinking again about when and how to walk away from work. As such, phased retirement is l

In a continuation of their previous article about test-driving your retirement plans, SmartMoney recently offered a reminder about the prospect of a transitional retirement – which may be the best way for some to leave the workforce. Retirement doesn’t have to be a climactic stopping point, where yesterday you were working full speed ahead and today you’re at full stop. From a financial planning standpoint, it’s difficult to transition from a full working income to a retirement income – especially if your retirement accounts took a recessionary hit. From an emotional standpoint, the abrupt lifestyle adjustment may be difficult to…

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