A Phased Retirement Program

Emory University is one of the few employers that offers a phased retirement program. Here’s a breakdown of how its program works:

• The phased retirement commitment must be for a defined duration, spanning a minimum of six months to a maximum of three years.
• Throughout this period, you’ll adjust your work hours, reducing them by anywhere from 10% to 50%, while maintaining a minimum of 20 hours per week.
• By participating, you agree to retire at the end of the specified time frame.
• Your pay will be adjusted to reflect the reduced workload during phased retirement.

Source: Phased Retirement: What Does It Mean And How Does It Work? — https://www.thepennyhoarder.com/retirement/phased-retirement/

Sign me up (when I’m ready).