Is Semi-Retirement Right For You? Ep #126

<p>Are you ready to retire? Or does the thought of retiring leave you questioning what you’ll spend your time doing? Guess what? Retirement doesn’t <em>have</em> to be all or nothing. In some circumstances, you may want to consider only partially retiring. Why? I share some viable reasons in this episode of the Retirement Made Easy podcast. Don’t miss it!</p> <h2>You will want to hear this episode if you are interested in...</h2> <ul> <li>[1:46] Check out the FREE resources at RetirementMadeEasyPodcast.com</li> <li>[3:32] Reason #1: The cost of health insurance</li> <li>[5:15] Reason #2: An easier transition into retirement</li> <li>[9:05] Reason #3: Put more money into your retirement portfolio</li> <li>[10:22] Reason #4: Delay your social security benefits </li> <li>[10:56] Reason #5: You’re nervous about retirement </li> <li>[11:44] Reason #6: Retire at the same time as your spouse </li> <li>[15:50] Is semi-retirement something you should consider? </li> </ul> <h2>Reason #1: The cost of health insurance</h2> <p>Many people push off retirement until 65 because of the cost of health insurance. When you turn 65, you can get health insurance through Medicare. But getting health insurance prior to age 65 (such as COBRA or insurance off of the marketplace) is <em>costly</em>. But some employers offer health insurance to part-time employees. You can also earmark some of that income for health insurance. </p> <h2>Reason #2: An easier transition into retirement</h2> <p>When someone retires from a full-time 40-hour work week, the transition can be difficult. Some people find it easier to ease into retirement. You can move from working five days a week to three, from 40–50 hours to 20–25. Semi-retirement allows you to stay busy enough working on a limited basis. It also gives you more time to take an extended vacation, help with the grandkids, or just go grocery shopping on a Tuesday morning. It gives you more <em>flexibility</em>. </p> <h2>Reason #3: Put more money into your retirement portfolio</h2> <p>You can use the