Retirement Case Study

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Similarities As far as similarities go both my respondents said they didn’t want to retire. Both felt they were still capable of working despite their age. Other circumstances greatly influenced their decision. They also said that they didn’t plan for retirement but I think both did, to some extent, but they have varying degrees of preparation. Both my respondents seemed to work a lot of hours prior to retirement. They immediately noticed an increase of time spent with their significant other upon giving up work and both S.L. and R.F. were happy with that. They were also relatively healthy prior to and after retirement. They both follow preventative health measures to some degree. Both are full filled and happy with their life.
Differences
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He also had more earning power resulting in an easier transition to retirement. R.F. is less prepared for retirement and is having more trouble with the continuous increase in health care cost. R.F is less involved with community events and appears to be experiencing greater boredom despite of all the activity that he does. S.L has relatively easier access to care, he doesn’t drive to get to medical appointments and if he does there is a shuttle service that takes him there- one of the perks of living on a continuing care facility. R.F is around his children and grandchildren more often because he lives with them.
Issues
The biggest issue presented at the interview was financial planning. This seems to have a great impact on the ease of transition into retirement. Not having to worry about money simplifies everything. Financial stability means the older adult has easier access to care, a guaranteed place
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The abrupt change in life style can be hard to deal with. Both S.L and R.F. did not want to retire. S.L. especially had difficulties letting go of work. Wheatley (2013) states that no matter how senior and high profile our jobs have been, we all face a range of emotions when considering retirement, and most people will not leave the working world without experiencing some sense of loss. She states it is vital that older adults allow themselves a period of grief and surround themselves with the right support system during this time (Wheatley,

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