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As financial concerns mount for older workers, the concept of phased retirement is gaining traction. For HR professionals and business leaders, understanding this trend is crucial, especially in light of new findings from the WTW Global Benefits Attitudes Survey.
Source: AndreyPopov / iStock / Getty Images Workers Planning for Retirement
According to the survey, one in three U.S. workers over the age of 50 is either already phasing into retirement or interested in doing so. Phased retirement involves gradually reducing work hours or job responsibilities as employees approach retirement.
“Phased retirement can be a win-win for both employees and