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A 2004 survey of older workers conducted by Watson Wyatt Worldwide found that "more than 60 percent of surveyed workers are interested in working fewer hours late stages of their careers, but less than half of them expect their employers to provide this flexibility." (p.1)

Watson Wyatt Worldwide (2004). Phased retirement. Aligning employer programs with worker preferences. 2004 Survey report. Washington, DC: Author.

"This report explores how and why workers phase and how phasing affects when workers fully retire. This information can help employers shape phased retirement programs that will enable them to more effectively manage their workforce and ensure an adequate supply of talent and experience in the years to come. To better understand the phasing process, Watson Wyatt Worldwide commissioned a telephone survey in 2003 of 1,000 individuals between the ages of 50 and 70."

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