The retirement process: perspectives from participants

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This paper is the product of discussion initiated to explore issues in the move from work to retirement among the members of a task force composed of retired employees of the Los Angeles Department of Water and Power (DWP) and DWP employees eligible for retirement. The authors present observations about retirement and make recommendations for easing the transition into retirement. The recommendations are organized around six topics: family and social interaction; self-esteem, community service, and educational opportunities; the planning process; financial issues; health/medical issues; and time allocation and management. Overall, they stress the importance of planning early for retirement, and maintaining a healthy mind and body. The paper includes an appendix describing related information and service agencies.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

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