Millennials and Early Retirement: An Exploratory Study
The article explores the extent to which working conditions and health factors shape Millennials’ preferences to retire early in the European context. On the one hand, Millennials’ approach to life and work potentially implies a preference to retire early. Yet, on the other hand, the ongoing trend o...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-03-01
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| Series: | Merits |
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| Online Access: | https://www.mdpi.com/2673-8104/3/2/15 |
| _version_ | 1827736461195083776 |
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| author | Igor Tkalec |
| author_facet | Igor Tkalec |
| author_sort | Igor Tkalec |
| collection | DOAJ |
| description | The article explores the extent to which working conditions and health factors shape Millennials’ preferences to retire early in the European context. On the one hand, Millennials’ approach to life and work potentially implies a preference to retire early. Yet, on the other hand, the ongoing trend of tightening conditions and penalizing early retirement, as well as the expected decrease in living standards in old age for Millennial cohorts, restricts options and discourages early retirement. The results indicate that Millennials across Europe do not explicitly express a wish to retire early. This holds true most prominently for Millennials who are healthy and satisfied with their job. The analysis employs a classification decision tree model as the main method. |
| first_indexed | 2024-03-11T02:10:06Z |
| format | Article |
| id | doaj.art-34617fb26c9844808ecfe98f14c32299 |
| institution | Directory Open Access Journal |
| issn | 2673-8104 |
| language | English |
| last_indexed | 2024-03-11T02:10:06Z |
| publishDate | 2023-03-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Merits |
| spelling | doaj.art-34617fb26c9844808ecfe98f14c322992023-11-18T11:34:03ZengMDPI AGMerits2673-81042023-03-013224826210.3390/merits3020015Millennials and Early Retirement: An Exploratory StudyIgor Tkalec0Social Data Institute, University College London, London WC1E 6BT, UKThe article explores the extent to which working conditions and health factors shape Millennials’ preferences to retire early in the European context. On the one hand, Millennials’ approach to life and work potentially implies a preference to retire early. Yet, on the other hand, the ongoing trend of tightening conditions and penalizing early retirement, as well as the expected decrease in living standards in old age for Millennial cohorts, restricts options and discourages early retirement. The results indicate that Millennials across Europe do not explicitly express a wish to retire early. This holds true most prominently for Millennials who are healthy and satisfied with their job. The analysis employs a classification decision tree model as the main method.https://www.mdpi.com/2673-8104/3/2/15early retirementMillennialsworking conditions |
| spellingShingle | Igor Tkalec Millennials and Early Retirement: An Exploratory Study Merits early retirement Millennials working conditions |
| title | Millennials and Early Retirement: An Exploratory Study |
| title_full | Millennials and Early Retirement: An Exploratory Study |
| title_fullStr | Millennials and Early Retirement: An Exploratory Study |
| title_full_unstemmed | Millennials and Early Retirement: An Exploratory Study |
| title_short | Millennials and Early Retirement: An Exploratory Study |
| title_sort | millennials and early retirement an exploratory study |
| topic | early retirement Millennials working conditions |
| url | https://www.mdpi.com/2673-8104/3/2/15 |
| work_keys_str_mv | AT igortkalec millennialsandearlyretirementanexploratorystudy |