Based on work from Professor Mary Dean Lee from the Desautels Faculty of Management at McGill University.
“#3: Create a New Deal
Rather than completely retiring, stay on with redesigned schedules or responsibilities, reduce hours while transferring knowledge and responsibility to successors, or arrange contract work – such deals benefit an individual as well as an organisation. While not every company can do this, there may be more room to manoeuvre than you think.”
My thought: It is usually better to ease into a new situation. As some people say: If you don’t ask, you don’t get. Don’t burn any “bridges”.