A New Study Links Partial Retirements to a Surge in Spending. What Gives?

What You Need To Know

• A new J.P. Morgan study of 280,000 households shows more than half of American couples phase into retirement.
• Partially retired households spend more, and they have more debt and lower savings than their fully retired peers, the study shows.
• Advisors can use the data to spark deeper conversations about budgeting and the timing of retirement.