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Kiplinger
Kiplinger
Business
Kathryn Pomroy

Phased Retirement: Why Easing Into Retirement Might Be Your Best Move

An older businessman is sitting at his kitchen table.

The year 2025 marked the zenith of 'America's Peak 65 Zone', with 4.18 million people reaching the traditional retirement age of 65 in a single year — the highest on record.

A growing share of people within this age group have chosen to return to work, either for personal reasons or economic necessity. The most recent data from the Bureau of Labor Statistics shows that nearly one in five Americans over 65 was still working in 2024; for many, this reflects a move toward a slower, more gradual transition into retirement.

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