Friday, February 03, 2006

Emotions Around Retirement cont'd.

Hi:

Other emotional states around retirement are interesting to explore. Here are a couple more to consider.

Fortunate - these folks seem to recognize all the riches they have, both financial and emotional. The balance of riches may not be skewed towards money. If they have a comfortable lifestyle now and can afford to keep it, and have meaningful activities and deep relationships, well, that's pretty good in their minds. In fact, very good.

I've known people who work in large unionized environments who are forced to quit at 65. The emotion I've seen then is resentment. They don't want to leave their particular workplace. They are mentally involved, energetic, want to work, and like to work. To be told "you must leave", because of an arbitrarily set date is not great.

This has been challenged in court, and in many cases, upheld by the courts. A B.C. schoolteacher went to bat over forced retirement and lost. The whole process took until she was 76 years of age. Who knows if she wanted to retire then.

Of course, people can go out and get other jobs after sixty five. But if they have a long history with the company and are involved in projects and the ongoing operations, this may not satisfy.

What to do, what to do? More......



M.

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