Excerpt: Workers who say they want to retire gradually, however, are clearly not basing their preference on personal experience. These workers have not retired both ways, concluding that retiring in stages is better. To shed light on this issue, this brief summarizes a new study comparing individuals who retired gradually with those who retired 'cold turkey' and asks which are happier in retirement. The study uses happiness as the yardstick because it measures realized quality of life[.]  MORE >>