This qualitative research entitled “Life after Retirement among the University Professors”, ascertained the activities and rewards of the university professors during their retirement years. The participants to this study were the professors previously employed from among the six selected universities in Iloilo City, Philippines. Using purposive sampling, the study utilized the activity preference inventory and guide question to gather the data. Results showed that the retirees long to be with the company of people they can socialize and affiliate with, as a substitute for the continuity of roles they used to play; Some do household chores at home, as this is the opportune time for them to do all the things there was never a time to do before; Many entertain themselves through music and newscast; Others read, do part time teaching jobs, and attend seminars to improve their mental acuity; They eat a balanced diet, nutritious food and visit their doctor regularly to keep them physically fit; and serve God by helping activities in their respective religious congregation. Generally, the retirees were inspired by their achievements and those of their children, their work-related accomplishments, and their retirement income. They enjoyed the laurels of their working years, thus, retirement for them was rewarding.