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Here's some encouragement from Mr Money Mustache. Earlier in his career he took a 20% pay cut in exchange for every Friday off. http://www.mrmoneymustache.com

• Jtsummers 13y ago
  I've got several colleagues considering this. As their children move out of the house and the mortgages get paid off. They've qualified for the pension (collected at 60? 55? I can't remember, it's far enough off that it doesn't affect my planning much here). They're only in their late 40s or early 50s, so if they switch to 60/80% time they'll take a pay cut, we'll have money left to hire more people. We'll retain their knowledge base. They can ride to retirement comfortably with long weekends every week.