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Almost half of workers envision a phased transition into retirement

Among workers aged 18+ participating in the 2017 Transamerica Retirement Survey, 47% "envision a phased transition into retirement during which they will reduce work hours with more leisure time to enjoy life (30%), or work in a different capacity that is less demanding and/or brings greater personal satisfaction (17%). Only 23% expect to immediately stop working when they retire, and 10% are 'not sure.' 20% plan to continue working as long as possible until they cannot work any more." (p. 45)
Collinson, C. (2017). Wishful thinking or within reach? 3 generations prepare for retirement. Los Angeles, CA: Transamerica Center for Retirement Studies. Retrieved from this source.
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