One of the most widely-held beliefs about aging is that retirement from work has a deleterious effect on health. If retirement has any effect on health at all, the evidence seems to indicate that instead of an individual's health getting worse in retirement, health generally improves in retirement. This paper focuses on the reasons men give for retiring from work, the satisfactions reported in retirement, and how adjustment in retirement is related to a man's health. The findings in these three facets of retirement indicate that poor health may cause retirement, but retirement does not cause poor health.