TY - JOUR
T1 - An analysis of well-being in retirement
T2 - The role of pensions, health, and 'voluntariness' of retirement
AU - Bender, K.A.
N1 - Copyright 2012 Elsevier B.V., All rights reserved.
PY - 2012/8/1
Y1 - 2012/8/1
N2 - This paper examines a wide range of determinants of retiree well-being of retirees. Using data from the 2000 Health and Retirement Study, increases in economic factors such as income lead to higher well-being, although relative income has a larger effect than absolute income. The strongest predictors are the voluntariness of entering retirement, pension characteristics, and health. Retirees " forced" to retire or have defined contribution pensions or bad health have significantly lower well-being. The results suggest a more nuanced approach in addressing retiree well-being than just a focus on the economic well-being of retirees.
AB - This paper examines a wide range of determinants of retiree well-being of retirees. Using data from the 2000 Health and Retirement Study, increases in economic factors such as income lead to higher well-being, although relative income has a larger effect than absolute income. The strongest predictors are the voluntariness of entering retirement, pension characteristics, and health. Retirees " forced" to retire or have defined contribution pensions or bad health have significantly lower well-being. The results suggest a more nuanced approach in addressing retiree well-being than just a focus on the economic well-being of retirees.
UR - http://www.scopus.com/inward/record.url?scp=84861941842&partnerID=8YFLogxK
U2 - 10.1016/j.socec.2011.05.010
DO - 10.1016/j.socec.2011.05.010
M3 - Article
AN - SCOPUS:84861941842
SN - 1053-5357
VL - 41
SP - 424
EP - 433
JO - Journal of Socio-Economics
JF - Journal of Socio-Economics
IS - 4
ER -