Hadn't been making any specific plans, but the company I work for is giving us geezers another not-so-gentle nudge with a "phased retirement offer" that will reduce my workdays in steps: 4 days/week , 3 days, then 2, at 6 month intervals. The catch is they reduce your pay, of course, and they won't tell you in advance how long they'll actually keep you. The suggestion is most folks will get to stay a year, it could be as short as 6 or long as 18. There's some minor benefits, like being able to keep company subsidized medical coverage for 2 years after retirement, which is important to me since my wife is not going to be Medicare eligible as soon as I am. Otherwise, it's a kick in the pants - pretty much a layoff, only they keep you from being able to get a full-time job elsewhere, I guess. But, it's forced me to think about it, and I'll have to make a decision. Had in the back of my head working to 66 ("full" Social Security age), but maybe not. Going to talk to a guy at Vanguard next week to see if he thinks I'm crazy, and should just decline, i.e., roll the dice and stay, figuring they're not going to get rid of me until I'm ready. (Been in the computer/software biz for over 30 years and never been let go - my skills are in demand and I could go work somewhere else tomorrow, if I wanted, but I like the commute and am still learning, so no desire, really.) The last time they did an early out was actually pretty recently, but it wasn't the right time, and as they (veiled-threat) implied again, these offers get worse every time, and the pickings that are left reduced as well. (After the last one, they changed the rules for retirement medical coverage so that today, I don't qualify, even though I've technically been there 20 years via mergers/acquisitions!) Thoughts, others who've had this kind of thing stuck in their face?