Considerations of an Early
Male, age 59, married, one son
Education: high school graduate, two years vocational school
Job Status: auto service management, 24 years with an automotive manufacturer
Retirement Income: $20,000
Health: reported good
Retirement Category: early-voluntary, decision to retire made two weeks prior to interview
My first reaction to the idea of early retirement, when it was presented to me, I could best describe as though somebody had hit me on the head with a two-by-four. While I had a reason to believe that I would be contacted because of the other activity going on, it was just a question of wait and see, or will they get to me. But even with that thought in the back of my mind, it had quite an impact. I was advised that they wished to discuss it with me, and since retirement income figures were not available at that time, I spent an anxious period waiting to see what our income future would be. There was a rather difficult day or two until we actually knew what the figures were going to be and we could digest and understand them.
After I got the figures I had a week of total confusion. It took me a week to make my ultimate decision. I consider myself extremely fortunate in counseling with my wife, because her reaction was that the final decision had to be mine. She voiced her opinion to the extent that
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Book title: Passages of Retirement:Personal Histories of Struggle and Success. Contributors: Richard S. Prentis - Author. Publisher: Greenwood Press. Place of publication: New York. Publication year: 1992. Page number: 27.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.