Sounds like both you and your Boss want a smooth transition. If you have had a good working relationship, I suspect that you'll work it out for both of your benefits. I'll bet you have friends at your job, it would be nice to be able to consult, keep up with your friends, make a little extra money and enjoy the break from the daily grind that retirement will allow you to do. I think you said it well in your last post; "it's scary to cut your income in half"......but you may end up having the best of both worlds......good luck!