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The New Way to Retire

Baby Boomers are at it again. This time, they’re forging a new route to retirement – by building bridges to take them there.
While Boomers’ parents and grandparents typically worked full-time jobs before retiring, many workers 60 and over are now keeping one foot in the work world and gradually stepping into retirement.
A recent University of Michigan Retirement Research Center study found that 20 percent of workers aged 65 to 67 are “partially retired.”
The study defined partial retirement “as a job in which income doesn’t exceed 50 percent of the maximum annual earnings a person made in ...

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