Table 4.1
Unweighted distribution of other / specify responses – most important reason for first retirement

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  number percent
Mandatory retirement 29 6
Pension max out / required years attained 67 15
Offered severance, package, buy out, incentive 38 8
Job too tiring / stressful / physically demanding 31 7
Fed up / wanted change 6 1
Discrimination / pressure to retire 4 1
Conflict with boss / co-worker 7 2
Organization changes / job eliminated / end of contract 22 5
Was able to sell / transfer business 11 2
Spend more time with family 25 6
Health, disability of parent or other family member 17 4
Spouse's influence / wish 13 3
Pursue other hobbies 15 3
Start own business 5 1
Wish / desire to stop (voluntary) 99 22
Career change / other job offer 12 3
Market slow down 10 2
Varia 38 8
Total 449 100

 

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