12/3/2004: Gliding into the Golden Years: New Proposed Phased Retirement Rules Allows Gradual Reduction (Ellen Hoffman, in Businessweek)

Excerpt: Many Americans say that instead of retiring full-time, they want to ease into their nonworking years. A recent study by consulting firm Watson Wyatt Worldwide finds that nearly two-thirds of surveyed workers over 50 hope to scale back their jobs or work in a more flexible environment before retiring for good. Phased retirement is also attractive to many employers. 'Workers with niche experience are hard to find,'[.]