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Gradual retirement, sense of control, and retirees' happiness
Author(s)Esteban Calvo, Kelly Haverstick, Steven A Sass
Journal titleResearch on Aging, vol 31, no 1, January 2009
Pagespp 112-135
Sourcehttp://www.sagepub.com
KeywordsRetirement ; Phased retirement ; Attitudes to retirement ; Well being ; Longitudinal surveys ; United States of America.
AnnotationRecent studies have found that workers often view the idea of gradual retirement as a more attractive alternative than a "cold turkey" or abrupt retirement. However, there is little evidence as to whether the phased or the abrupt makes for a happier retirement. This study explored factors that affect an individual's happiness in the transition to retirement. Using longitudinal data from the US Health and Retirement Study (HRS), the authors explored what shapes the change in happiness between the last wave of full employment and the first wave of full retirement. The results suggest that what matters is not the type of transition, but whether people perceive the transition as chosen or forced. (RH).
Accession NumberCPA-090127206 A
ClassmarkG3: G5N: G7:DP: D:F:5HH: 3J: 7T

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