The reality today is that many of us will not be able to retire “cold turkey.” The AARP recently conducted a study on this issue and has reported that many more people are going to experience “phased retirement.” Basically, that means you work gradually less until you’re fully retired. It helps some people adjust better to retirement, and 4 out of 5 people said they would prefer to do it, according to the AARP. And, the Wall Street Journal has more news on retirement. The Treasury Department is now floating a proposal that would allow people to work in a phased retirement capacity and still receive a portion of their pensions. That’s a great idea, in Clark’s opinion. Just because someone is beyond doesn’t mean he or she is useless on a job. Pilots, for example, get better over time. So why not let them work part of the time and everyone benefits.