Anne Tergesen

speaker

4,485 appearances 83 recordings 1 series first heard Jul 2017 last heard Feb 2025

Anne Tergesen’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Not Ready to Retire Yet? What About Semi-Retirement? · 16 Mar 2022 podcast

We have a very tight labor market. matched

And so it's hard for companies to attract workers in this environment. matched

I think they want to focus on retaining the ones that they have as much as they can. matched

We also have... matched

aging society and we've seen a wave of unexpectedly large wave of retirements since the pandemic started. matched

So companies what they hope to get out of it is that they can retain some of their older workers who might be on the verge of retiring for longer and you know some of them very explicitly do so in order to enlist those older workers in helping to train replacements. matched

There can be. matched

For some employers, they are concerned about, you know, the potential for lawsuits, because typically when employers implement like a formal phased retirement program, they often will allow any employee who meets, you know, certain basic criteria, like maybe, you know, they're above a certain age, like maybe above 55, and they have a certain number of years of matched

They'll allow any of those people to apply, but they won't necessarily accept every employee who applies. matched

So some employers are concerned about lawsuits because of that, just because their programs are selective. matched

And it can be perceived as unfair by those who don't get selected for the program. matched

There are some other, you know, sort of potential difficulties just depending on the way an employer's 401k plan works or depending on how their pension plan works. matched

If people are working in a phased retirement program and they're working part-time, they may want to tap into some of the retirement benefits, but those plans may not allow it. matched

Many do, but some don't. matched

Yeah, in some cases, you know, some employers are, they recognize that older employers typically are paid more and that they may cost more in other ways, you know, including in some benefit areas. matched

And so, you know, some employers who are very focused on the costs, probably for them, a phased retirement program may not be a good fit because in some cases they may prefer to have these older, more expensive employees move on sooner rather than later. matched

So for workers who might be thinking about retiring, typically when you retire, there's sort of this cliff effect where you're sort of earning a full-time salary and you're working full-time, and then all of a sudden you just stop working and you stop earning. matched

So a phased retirement could be potentially attractive to workers in that it would allow them to continue working longer, matched

but at a reduced number of hours, which gives them, you know, a potentially better work-life balance. matched

But it allows them at the same time to continue collecting, you know, some level of income. matched

Showing 1601–1620 of 4,485 · page 81 of 225