Passages of Retirement: Personal Histories of Struggle and Success

By Richard S. Prentis | Go to book overview

3
The Trauma of Early
Mandatory Retirement

Female, 59, single Education: high school graduate Job Status: specialized hospital administrator for 40 years Retirement Income: $25,000 Health: reported good Retirement Category: early-mandatory, retired for 1 year

I hate to say it, but work was my main interest. I loved my job so much that this was the only place I've worked. I was totally dedicated to my work, which I think now was a mistake.

My plan was to avoid retirement as long as possible. Today you are not forced to retire at 65, so I probably would have stayed forever depending on the state of my health.

When I started working here I was paid $150.00 a month. Over the years I worked my way up, so that in the last couple of years I was making $40,000 a year. In the back of my mind I felt I had plenty of time to save for retirement, so I enjoyed spending my money on my family. I really didn't save and that is one of the things that bothers me now.

I certainly did not have any views on early retirement. I did not anticipate retiring until forced to, probably at age 70 or sooner if my health failed.

-15-

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