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However, more women than ever are taking a phased approach to retirement.
Why are more women than ever opting for a phased approach to retirement?
We see two main factors driving women to take a phased approach to retirement.
The second factor is the general anxiety many are feeling about the solvency of Social Security and Medicare benefits.
Taking a phased approach can certainly mitigate that by allowing women to supplement their retirement income.
But the financial concerns are certainly driving more women to reconsider their path to retirement.
Women need to account for longer retirement years and higher healthcare costs.
And if youre just not ready to make the leap, thats OK too!
Our research shows employers are increasingly embracing nontraditional retirement plans for their aging employees.
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