Journal of Business and Psychology

, Volume 1, Issue 2, pp 95–113 | Cite as

Longitudinal effects of retirement on men's well-being and health

  • Joan E. Crowley
Articles

Abstract

The National Longitudinal Surveys of Labor Market Experience of Mature Men provided the opportunity to look at the effects of retirement on longitudinal well-being in a sample of men aged 54 to 69 in 1976. A conceptual model predicted that the decision to retire would affect subsequent well-being through the effect of retirement on such resources as income and health. The retirement decision in turn, was predicted to be a function of prior well-being and resources. Five categories of retirees were established: voluntary early age, voluntary normal age, health, mandatory, and discouraged. The analysis restricted the sample to men who were in the labor force at the 1976 interview, had not retired before that time, and who were interviewed in 1981. About half of the sample retired in the five years between interviews. Using several different measures of well-being, voluntary retirees were found to consider themselves better off than did other retirees or comparable men still working. Negative responses to retirement were concentrated among men who retired for health reasons, probably due to their continued ill-health. The effect of retirement on well-being seems highly related to the other circumstances (especially financial security and health) surrounding the individual, rather than to the event of retirement, per se.

Keywords

Income Labor Force Conceptual Model Social Issue Negative Response 

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Copyright information

© Human Sciences Press Inc. 1986

Authors and Affiliations

  • Joan E. Crowley
    • 1
  1. 1.Institute for Social Science ResearchUniversity of AlabamaAlabama

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