Semi-retirement, also known as partial or phased retirement, is becoming increasingly popular as people consider working part-time in retirement. Alan explains this shift in retirement preferences is attributed to the rise of remote and hybrid work, with 66% of Gen Z and millennials favoring a phased retirement. Phased retirement appeals to individuals who want to continue working in some capacity, pursue passion projects, or travel. It also provides financial freedom and flexibility in work decisions. However, there are considerations such as health insurance, withdrawal strategies, and the impact on Social Security benefits. Building a diversified retirement portfolio and creating a sustainable income plan are crucial for a successful retirement. In this conversation, Alan Cantrell emphasizes the importance of paying yourself first and saving for retirement.

Reach Alan at 479-935-9767.

Retirement Strategies Group of Northwest Arkansas