Retirement Plans, Concepts and Attitudes of Farm Operators in Three Eastern South Dakota Counties

Abstract

The central objective of this study was to obtain more comprehensive information on what provisions farmers are making for the latter years of their lives through answers to the following types of questions: Are they planning for retirement? If so, is it to be full or partial retirement? Will retirement mean moving away from their farm, reducing labor, reducing management? Will they have adequate sources of income in retirement years? What sources of income do they expect? What factors do they think will be important in their retirement adjustment? What characteristics are associated with a favorable attitude toward retirement

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