2/27/2012

For those who had planned to retire early but cannot afford to do so, some advisers say there's another option: a "practice retirement." Under the strategy, near-retirees stop funding their retirement but continue working. Meanwhile, they divert some of their savings into activities they planned to pursue in early retirement, such as travel. Because "practice" retirees can afford to delay Social Security benefits while still working, they will increase the income they receive later.

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