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Related Experiment Videos

Adjustment to and satisfaction with retirement

S H Beck

    Journal of Gerontology
    |September 1, 1982
    PubMed
    Summary

    Retirement does not significantly impact overall happiness, but health, widowhood, and income are key factors. Poor health, low income, and early retirement decrease satisfaction with retirement.

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    Area of Science:

    • Gerontology
    • Sociology
    • Psychology

    Background:

    • Conflicting research exists on retirement's impact on personal adjustment.
    • Previous studies show varied effects, from negative to none.

    Purpose of the Study:

    • To determine the net effect of retirement on life satisfaction.
    • To identify factors contributing to dissatisfaction with retirement.

    Main Methods:

    • Utilized National Longitudinal Surveys of Mature Men data.
    • Employed logistic multiple regression and ordinary least squares regression.

    Main Results:

    • Retirement shows no significant net effect on happiness with life.
    • Health, recent widowhood, and income are major determinants of life satisfaction.
    • Poor health, lower income, and early retirement predict lower retirement satisfaction.

    Conclusions:

    • Retirement's direct impact on happiness is minimal.
    • Individual circumstances like health and finances are more influential.
    • Addressing health and financial concerns can improve retirement satisfaction.

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