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Retirement: Perspective Differences

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Retirement: Perspective Differences

Faith Ash
Walden University

Retirement: Perspective Differences
Mary
Mary is a 65-year-old African American woman living with her second husband of fifteen years, also retired. Mary was a single mother for many years, working two jobs taking care of her children. As they became adults, she continued working for a chain retail store until her retirement two years ago (Johnson, 2012). For many years, Mary had money taken out of every paycheck and put in her retirement plan. She knew that she would need to look out for her future because she knew what it was like to be a single mother struggling and did not want to find herself struggling through retirement. Mary stated, “I watched every penny I had because I always put money away, even when I couldn’t afford it because I knew it was so important.” (Johnson, 2012). After she remarried, she continued working and saving. It was easier now because she had help with finances, as a result, she increased her savings (Johnson, 2012). Today she receives social security and has a nest egg still being invested and growing slowly. When asked how she prepared for retirement psychologically, Mary replied, “I was ready. I have 7 children, 16 grandchildren, and 2 great grandchildren. I love my family am always helping them, but now I do not have to split my time” (Johnson, 2012). The stress of trying to keep up caused her to begin having mini strokes, which lead to more health problems (Johnson, 2012). Mary was not scared of retirement, in fact she welcomed it. Not having to work gave her more time to spend with her family and be there for everyone in her life. Today Mary babysits 3-4 days a week two of her great grandchildren, attends church on Sundays morning and night, plans other social events for the church for Saturdays, is the church treasurer, attends the women’s church group

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