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Title: Couples' Retirement Timing in the United States in the 1990s
Resulting in 1 citation.
1. O'Rand, Angela M.
Farkas, Janice I.
Couples' Retirement Timing in the United States in the 1990s
International Journal of Sociology 32,2 (Summer 2002): 11-29
Cohort(s): Mature Women
Publisher: M.E. Sharpe, Inc.
Keyword(s): Exits; Health/Health Status/SF-12 Scale; Labor Force Participation; Pensions; Retirement/Retirement Planning; Simultaneity

Permission to reprint the abstract has not been received from the publisher.

The timing of retirement among married couples is a complex process. As women remain attached to the labor market for longer periods of their lives and as they bring market resources such as pensions and health insurance to the couple's retirement decision, they introduce new contingencies to the process and variability in job exits. Couples are most likely to coordinate their retirement timing to be as simultaneous as possible. However, the second most likely pattern is for husbands to precede their wives into retirement. This study used the Mature Women sample of the National Longitudinal Surveys between 1989 and 1997 to track the effects of family, pension, health insurance, and changes in spousal health statuses on joint and sequential retirement patterns. Proportional hazards models reveal that joint retirement is most likely among couples in which wives reach the ages of eligibility for Social Security and Medicare and among couples who have defined benefit plans. Alternatively, wives' health insurance coverage from their own employment tends to result in their delayed retirements following their husbands'. Husbands' health limitations and caregiving needs also delay their wives' retirement, while wives' health limitations are more likely to result in joint retirement. [ABSTRACT FROM AUTHOR]
Bibliography Citation
O'Rand, Angela M. and Janice I. Farkas. "Couples' Retirement Timing in the United States in the 1990s." International Journal of Sociology 32,2 (Summer 2002): 11-29.