nesses. McCormick has been
developing her own exit strategy
for several years, working with a
merger consultant and rejecting
various unsuitable “marriages.”
“It never made sense to simply
close doors on a successful busi-
ness,” she says. Besides, she didn’t
want to leave her fi ve employees
in the lurch.
If possible,
Goodman
recommends
a trial run
of an ex-
tended leave
from your
position
before retir-
ing fully.
McCormick ultimately accepted
a buyout offer from a large public
relations fi rm in another city. She
will remain active as head of the
offi ce for an agreed-upon time then
cut back her hours as she phases
into retirement.
Loving it
“Whether you call it phased retire-
ment or working less, use this time
with your education, experience,
and energy to do something you
really want to do,” advises Good-
man. If at all possible, she recom-
mends a trial run of an extended
leave from your position before
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“Open up your mind,” she con-
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tinues. “This can also be an op-
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Home Health
Hospice
you’ve always wanted to do, like
starting a business connected with
8 6 M I L I T A R Y O F F I C E R S E P T E M B E R 2 0 0 8
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