Chances are you have a pretty good idea what retirement means. Whether it’s traveling across the US, enjoying the sights and sounds of coast to coast exploring, or cruising around the world on a luxury voyage. Or maybe it’s spending more time with your friends, family, children and grandkids. Or volunteering your time working for a charity that resonates with your spirit. Whatever retirement looks like to you, it means leaving your day-to-day job, ceasing to work. Right?

Now that we are fantasizing about retirement with the extended vacations and being done with the daily grind of work, let’s talk about a new idea. The notion of semi-retirement is taking root in American culture, and it's becoming more popular with each passing year. While the anticipation of retirement looks like a blissful state of perpetual pleasure, the reality is that life still goes on in many ways. For one thing, vacations, relocations, and maintaining quality of life are not free. While you might have substantial retirement funds set away or plan to claim pension or Social Security, these funds usually aren’t comparable to your current salary.

Retirement can be a jolting experience when you are used to reporting to work—which you’ve probably done for the past 30+ years. Semi-retirement offers a great alternative to the challenges of full retirement. Instead of stopping cold turkey, those who opt for semi-retirement can reduce their work hours and work load to part-time, still contributing to the work force but on a smaller scale. Part-time employment also helps to subsidize retirement funds and offers a better way to maintain a standard of living and pay for well-deserved excursions and vacations.

Don’t let the idea of retirement discourage or scare you—you have lots of options. Depending on your situation, we can work with you to determine the best course of action as you plan to enjoy the retirement years, whether you choose to continue working part-time or go into full retirement mode.