Retirement As A New Phenomenon

801 Words Jul 25th, 2015 4 Pages
Even though they grew up in different parts of the country neither one of the participants were aware of retirement when they were younger. According to Schultz, the idea of “retirement is relatively a new phenomenon, and it was not until the Industrial Revolution, the creation of Social Security, and company pension benefits were created in the first half of the 20th century that individuals were able to cease employment while they were still otherwise able to work” (Schultz, 2011, p. 170). Since retirement was still relatively a new concept for the participants they could plan their retirement according to their desires and not be forced to follow a certain prototype.
Not everyone has the same dreams and desires; thus, no one’s retirement is exactly the same because of outside influences like previous hobbies, gender roles, stresses pertaining to previous careers, marital life experiences, and previous level of physical activity pre-retirement. As stated by Barnes-Farrell, that retirees’ demographics like age, gender, and health can shape an individual’s retirement (Barnes-Farrell, 2003). Bill prefers living a very active lifestyle that involves going to the gym, swimming, biking, running and paddleboarding. Whereas, Rose prefers to spend her retirement relaxing inside her apartment watching baseball, reading, taking naps, talking on the phone to her children, going to church and spending time with her family. The differences observed between these participants could be…
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