The well-being of retirees: evidence using subjective data

The well-being of retirees: evidence using subjective data

Collection:
Health Policy and Services Research
Series Title(s):
Center for Retirement Research working paper
Contributor(s):
Bender, K. A. (Keith A.)
Boston College. Center for Retirement Research.
Publication:
Chestnut Hill, MA : Center for Retirement Research at Boston College, c2004
Language(s):
English
Format:
Text
Subject(s):
Personal Satisfaction
Quality of Life -- psychology
Retirement -- psychology
United States
Genre(s):
Technical Report
Abstract:
While previous economic research focuses on the financial well-being of retirees, this paper examines the determinants of overall well-being of retirees. Using data from the 2000 Health and Retirement Study, the strongest predictor of retirement well-being is the reason for entering retirement. If individuals were 'forced' to retire, their well-being is significantly lower than those who chose to retire. This indicates the importance of expectations on retirement satisfaction. Additionally, health, current income, and comparison retirement income have important roles in determining overall well-being.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
29 p.
NLM Unique ID:
101468791 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101468791