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Mr. MacPherson, longtime employee of the Snow-Drift Washing Machine Company, receives a gold watch upon his retirement and looks forward to an idyllic life of leisure in Elizabeth, New Jersey. Ed Davis, vice president of the company, is intrigued by Mr. MacPherson's plans. Davis becomes angry with company president Walter P. Schaeffer and quits his job. Davis retires to Florida with his wife Kay, and has to cope with boredom, new neighbors, and living on a retirement income. When Davis loses his nest egg, he can't stand his new life anymore. Fortunately his old boss Schaeffer begs him to come back to the company in New York, at a higher salary.
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