The majority of younger executives said that they would want to leave their companies at normal retirement age. Most of them expressed the feeling, "I'll welcome retirement; just give me the chance to get away from this business pressure." Only a small proportion of these men added the cautionary proviso, "If I have enough money." The fact that twice as many said they would prefer less rigorous company assignments as said they would want to remain on a full-time basis is also an indication of an expressed desire to lessen business pressures. The "similar" or "different" work they said they wanted for post-retirement activity was usually described in no more than general terms. On the other hand, hobbies and recreational-cultural activities were mentional enthusiastically and definitely as occupations. This enthusiasm was somewhat less pronounced among those who looked forward to public-service assignments.
In contrast, the majority of older executives wanted to continue with their companies because the alternative of retirement simply did not seem so attractive to them. Realization of the personal satisfactions they obtained in business was impressed on this group as they contemplated leaving their companies; the disadvantages of pressure all but disappeared from their minds. They placed new importance on the business and social recognition provided by their jobs.
There was anticipation of a loss of prestige and standing inherent in a change. This feeling was especially true among those executives who had achieved their job ambitions relatively late in their business lives. It seemed more prevalent, also, among men who had no more than a vague idea of their post-retirement programs. Over-all, the executives who said they wanted to continue with their companies looked with disfavor on "retirement from" and lacked a concept of "retirement to."
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