Transitioning from a full-time job to retirement can be challenging, especially when facing a sharp drop in income. Planning ahead for this change, as illustrated by a Reddit user approaching retirement at 55, emphasizes the importance of finding interim solutions to mitigate financial strain. Options like taking on a less stressful job to cover essential expenses can provide balance and security during the transitional years before Social Security and Medicare benefits kick in. Strategically navigating this phase can lead to a smoother retirement experience.
Planning for a slowdown in earnings is a smart thing to do as the transition from full-time work to retirement can be jolting.
A transition phase, working a less stressful job, can help manage financial stress before fully retiring, particularly when Social Security and Medicare aren't yet accessible.
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