July 1, 2014
In preparation for our new book on retirement coming out this fall, we continue to find more and more fascinating ways that individuals and companies are re-creating retirement.
This article in The Atlantic focuses on the wisdom of part-time retirement, specifically a program at the National Institutes of Health that allows older employees to stay on at 20 hours per week, retaining their expertise and providing a gentle on-ramp to long, costly retirements.
“The biggest piece is that we get to retain talent that would otherwise be leaving,” says Philip Lenowitz, the agency’s former deputy director of the Office of Human Resources, who also participates in the part-time retiree work program. The program also allows NIH workers to ease into retirement. “It’s a way to find out how to transition from not putting on a suit and tie every day,” Lenowitz adds.
Read the full article here.