"After working full-time for at least five years, you can take extended paid leave financed from retirement savings. In return, you voluntarily agree to increas

"After working full-time for at least five years, you can take extended paid leave financed from retirement savings. In return, you voluntarily agree to increase your retirement age. For example, you can take three months extra paid leave while you are 35 by agreeing to increase your retirement age by one year." In the US, it wouldn't fly with a corporation doing this because the expense would be on them. It'd make more sense to revise IRS rules to allow these sabbatical periods (by allowing portioned access to your IRA / 401k with tax rules adjustments) with government-mandated unpaid time off in exchange for retirement age adjustments. I'm not saying I agree with what I've just said, I'm thinking about how corporations and the government would allow playing ball with the exchange idea to begin with. The company my wife works at allows paid sabbaticals (that gives a month / month-half off) after 5 years of employment, and her's will start in a few month. However, there's no guarantee that you still will have your job by the end of it, but because it's sanctioned by the company, I'd imagine there's less of a likelihood that happens.