Monday 8 April 2019

Brodie Johnson of Merrill Lynch: Semi-Retirement

Brodie Johnson, previously Head of Residual Trading at Merrill Lynch and Bank of America, is a semi-retired investment banking and bond trading professional. He’s passionate about finance and has been since he graduated college, and he has never stopped learning more about his field. In semi-retirement, Mr. Johnson works as a consultant in his field while pursuing his own business interests, and he wouldn’t have it any other way.

Semi-retired professionals like Brodie Johnson are becoming increasingly common in today’s society. Semi-retirement provides supplemental income to those whose nest eggs are quite big enough, and it offers mental stimulation to those who enjoy being busy. A survey by Merrill Lynch and Age Wave found that three of four workers over age fifty said that their retirement would ideally include 
working. In the same survey, 80% of retired respondents worked part-time only because they wanted to and only 20% worked part-time out of necessity.



 For many people, semi-retirement is the first time that it seems feasible to start up a business they’ve always wanted to try. In any case, semi-retired professionals will likely only become more common in coming years.
Source: https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Documents/MLWM_Work-in-Retirement_2014.pdf

No comments:

Post a Comment