The authors of the paper studied the state of well-being of older people who retired and stop working at the company they have worked for over 20 years. The survey provided some useful insights into the problem with the reference to three samples of 10 older people from each group: 1) older people who retired and keep in touch with the previous organisation; 2) older people who retired and continue working at the company as consultants, supervisors, experts, mentors etc.; 3) older people who retired and work in another enterprise and lost the touch with the previous organisation. Retired people took part in present research by completing a questionnaire survey. A set of data was examined by being compared to reveal the state of older people's well-being criteria predominance in the various sample groups. (C) 2016 Published by Future Academy www.FutureAcademy.org.uk