Easing Into Retirement: A Smarter Way to Work Less and Enjoy More

Semiretirement is becoming a popular choice for people who want to slow down but aren't ready to stop working completely. It's a middle ground between full-time work and full retirement. This approach lets people reduce their work hours or switch to less demanding jobs while still earning money. There are different ways to achieve semiretirement. Some people cut back on hours at their current job, while others take on part-time roles, freelance work, or start small businesses. The main benefits include financial security, better mental and physical health, more flexibility, and a smoother transition into full retirement.To make semiretirement work, careful planning is essential. Start by assessing your financial situation. Figure out how much you need to save and how much you can earn from part-time work. Consider your healthcare options, especially if you're leaving a job with benefits. Think about when to start taking Social Security benefits. If you're changing careers or taking on freelance work, make sure you have the right skills. Finally, practice living on a semiretirement budget to see if it's sustainable. By planning ahead, you can create a lifestyle that balances work and personal time, making the transition to full retirement easier.