The company appealed for people to take voluntary resignation.

Many retired people move to the Sunbelt to enjoy sports such as golf or tennis in a milder climate.

The stock market crash forced many retirees back into the job market.

They have formed their own nationwide association, the American Association of Retired Persons.

The retired often feel that they are useless and unproductive.

Twenty-five years from now there will be one retired person for each two working.