The Friendship of Fellow
Male, 82, married, three children
Education: high school graduate
Job Status: corporation CEO, 44 years with major international corporation
Retirement Income: $200,000
Health: reported good
Retirement Category: regular-mandatory, retired for 16 years
When I started with my company, some sixty years ago, my job was at the bottom of the ladder. During the course of my career I held many positions and each promotion represented a challenge, a new opportunity, and as a result I enjoyed every assignment.
Retirement was something that I wanted to avoid as long as possible. Age 65 was mandatory retirement at my company, as it was with many other corporations as a result of the Social Security provision. I think a lot of people, at the upper corporate level, could have worked beyond 65; their health and mental capacity were good enough to allow them to continue working, but there still had to be an opportunity for the younger people coming along. If everybody had his own option with respect to retirement, it would create such a roadblock that it would be an impossible situation.
I never worried about retirement; I knew that there was something I could do to occupy my time. I was fully occupied right up to the last minute of my active responsibility.