Retirement & Pensions

As Workers Delay Retirement, Some Bosses Become More Flexible

Retiring, but Not All At Once

Corliss Fanjoy is turning 65 this year, but she is not ready for retirement. And at a small handbag maker in Maine, where Mrs. Fanjoy spends her working hours cutting intricate patterns in leather, she is not alone.

Most of her co-workers are over 55. One of them is her boss, Susan Nordman, 60, who bought the then-struggling company, Erda, based in Dexter, in 2013. She inherited a mostly older work force; Ms. Nordman was determined to keep those workers on the job.