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[Retirement from work; consequences for well-being. A longitudinal analysis].

L Thijssen

    Tijdschrift Voor Gerontologie En Geriatrie
    |August 1, 1985
    PubMed
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    Retirement did not significantly decrease well-being for older individuals who stopped working between 1976-1982 compared to those who continued employment. This finding remained consistent even after accounting for other relevant factors.

    Area of Science:

    • Gerontology
    • Sociology of Work
    • Psychology of Aging

    Background:

    • Divergent theories and empirical evidence exist regarding the impact of labor force exit on older adults' well-being.
    • Previous research has not reached a consensus on whether retirement universally leads to diminished psychological or social welfare.

    Purpose of the Study:

    • To investigate the effect of retirement on the well-being of older individuals using longitudinal data.
    • To compare the well-being trajectory of recent retirees with that of individuals who remained in the workforce.

    Main Methods:

    • Longitudinal data analysis was employed, tracking individuals over the period 1976-1982.
    • Regression analysis was utilized to control for confounding variables and isolate the effect of retirement.

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    Main Results:

    • The well-being of older persons who retired during the study period did not show a statistically significant decrease compared to those who continued working.
    • This outcome was robust even when controlling for a range of relevant socio-economic and demographic factors.

    Conclusions:

    • Retirement, within the studied timeframe and population, does not appear to be inherently detrimental to the well-being of older adults.
    • The findings suggest that factors other than continued employment may be more critical determinants of well-being in later life.