Retiring in phases

For many people the days of reaching state pension age, taking possession of the carriage clock and kicking back into retirement are gone. Working beyond retirement age is becoming increasingly common, and will continue to increase as the baby boomer generation moves into the so-called 'third life' stage. However, what is driving this need? According to the Retirement Nation study conducted by MGM Advantage, 17% of retirees have headed back to the world of work, and a fifth of those have done so through financial necessity. Increasingly though, this is a lifestyle choice as people reach r...