BERLIN (Reuters Life!) - German police called to investigate a suspected scam in a Bavarian town found a man handing out money to passersby as a retirement celebration.

Standing in the aptly chosen “Frohsinnstrasse” (“Cheerfulness Street”) in the town of Aschaffenburg, the unnamed pensioner wore a sign around his neck explaining his philanthropy: “I am not unemployed or homeless. I have a wife. I am well. That’s why I’d like to give you a euro.”

A passer-by who feared the pensioner was running a scam alerted police, who were surprised at the man’s explanation that he merely wanted to share his happiness at retiring.

After explaining himself, the pensioner was allowed to continue his generous retirement celebrations, because after all there’s no law against giving away your own money to passing strangers, according to local police.