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Title: Retirement Experience
Resulting in 1 citation.
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Parnes, Herbert S. Nestel, Gilbert |
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Retirement Experience In: Work and Retirement: A Longitudinal Study of Men. H.S. Parnes, ed. Cambridge, MA: MIT Press, 1981 Cohort(s): Older Men Publisher: MIT Press Keyword(s): Health/Health Status/SF-12 Scale; Life Satisfaction; Retirees; Retirement/Retirement Planning; Work Experience This paper addresses three research issues about the retirement decision among retired men interviewed in 1976: (1) The relative importance of an unwilling separation from a job because of a mandatory retirement provision, a withdrawal because of poor health, or a "voluntary" choice to retire. The distribution of the reason retired obtained from a retrospective question asked in 1976 is compared with the responses obtained from the panel response immediately prior to the actual retirement. (2) How does the reason retired vary by demographic and employment characteristics of retirees? (3) Is the post-retirement work experience, economic status, and life satisfaction related to reason retired? The authors find that only a small percentage of the retirements were involuntary (no more than five percent) in the sense that workers wanted to continue working at their jobs but were unable to do so. Health was a major reason for withdrawal with about 40 percent of the men reporting a health problem preceding their retirement. About twenty percent of the retirees were at work in survey week 1976 and only a small proportion of those not at work expressed an unqualified interest in working. There is little evidence that retirees are unhappy with the timing of their retirement or their life in retirement. Only those with health problems appear to be at some disadvantage. |
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Bibliography Citation
Parnes, Herbert S. and Gilbert Nestel. "Retirement Experience" In: Work and Retirement: A Longitudinal Study of Men. H.S. Parnes, ed. Cambridge, MA: MIT Press, 1981
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