How do retirement dynamics influence mental well-being in later life? A 10-year panel study
OBJECTIVES: Empirical studies have consistently shown the negative impact of involuntary retirement on mental well-being. However, few studies have thus far investigated the degree to which post-retirement work affects late-life outcomes. The present study improves our understanding of the impact of...
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| Format: | Article |
| Language: | English |
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Nordic Association of Occupational Safety and Health (NOROSH)
2015-01-01
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| Series: | Scandinavian Journal of Work, Environment & Health |
| Subjects: | |
| Online Access: |
https://www.sjweh.fi/show_abstract.php?abstract_id=3464
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| _version_ | 1818454478050820096 |
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| author | Ellen Dingemans Kène Henkens |
| author_facet | Ellen Dingemans Kène Henkens |
| author_sort | Ellen Dingemans |
| collection | DOAJ |
| description | OBJECTIVES: Empirical studies have consistently shown the negative impact of involuntary retirement on mental well-being. However, few studies have thus far investigated the degree to which post-retirement work affects late-life outcomes. The present study improves our understanding of the impact of retirement on the self-efficacy and life satisfaction among older adults by focusing on the combined impact of retirement voluntariness and participation in post-retirement work. METHODS: By using panel data on retirement behavior in the Netherlands, we estimate fixed effects and multilevel models to explain (intra-)individual changes in self-efficacy and life satisfaction over a 10-year period in which most participants made the transition to retirement. RESULTS: The results indicate that involuntary retirement is associated with decreases in both self-efficacy and life satisfaction in later life. Whereas involuntary retirees who participate in bridge jobs show no changes in life satisfaction, those involuntary retirees without bridge jobs experience a decline in life satisfaction. In addition, we found enhanced levels of life satisfaction for voluntary retirees in bridge employment. The association with self-efficacy was less pronounced. CONCLUSION: These results suggest that the characteristics of the retirement process influence changes in mental well-being in later life. Specifically, bridge employment alleviates the negative consequences of involuntary retirement and even seems to enhance post-retirement well-being for voluntary retirees. |
| first_indexed | 2024-12-14T21:55:31Z |
| format | Article |
| id | doaj.art-5b0a2b9e8d904107a0857c055a550377 |
| institution | Directory Open Access Journal |
| issn | 0355-3140 1795-990X |
| language | English |
| last_indexed | 2024-12-14T21:55:31Z |
| publishDate | 2015-01-01 |
| publisher | Nordic Association of Occupational Safety and Health (NOROSH) |
| record_format | Article |
| series | Scandinavian Journal of Work, Environment & Health |
| spelling | doaj.art-5b0a2b9e8d904107a0857c055a5503772022-12-21T22:46:07ZengNordic Association of Occupational Safety and Health (NOROSH)Scandinavian Journal of Work, Environment & Health0355-31401795-990X2015-01-01411162310.5271/sjweh.34643464How do retirement dynamics influence mental well-being in later life? A 10-year panel studyEllen Dingemans0Kène HenkensNetherlands Interdisciplinary Demographic Institute (NIDI-KNAW),University of Groningen (UMGC-RUG), PO Box 11650, 2502 AR, The Hague, The Netherlands.OBJECTIVES: Empirical studies have consistently shown the negative impact of involuntary retirement on mental well-being. However, few studies have thus far investigated the degree to which post-retirement work affects late-life outcomes. The present study improves our understanding of the impact of retirement on the self-efficacy and life satisfaction among older adults by focusing on the combined impact of retirement voluntariness and participation in post-retirement work. METHODS: By using panel data on retirement behavior in the Netherlands, we estimate fixed effects and multilevel models to explain (intra-)individual changes in self-efficacy and life satisfaction over a 10-year period in which most participants made the transition to retirement. RESULTS: The results indicate that involuntary retirement is associated with decreases in both self-efficacy and life satisfaction in later life. Whereas involuntary retirees who participate in bridge jobs show no changes in life satisfaction, those involuntary retirees without bridge jobs experience a decline in life satisfaction. In addition, we found enhanced levels of life satisfaction for voluntary retirees in bridge employment. The association with self-efficacy was less pronounced. CONCLUSION: These results suggest that the characteristics of the retirement process influence changes in mental well-being in later life. Specifically, bridge employment alleviates the negative consequences of involuntary retirement and even seems to enhance post-retirement well-being for voluntary retirees. https://www.sjweh.fi/show_abstract.php?abstract_id=3464 older employeemental well-beingpanel studybridge employmentfixed-effect modelinvoluntary retirementmental healthlife satisfactionretirementolder workerwell-beingself-efficacy |
| spellingShingle | Ellen Dingemans Kène Henkens How do retirement dynamics influence mental well-being in later life? A 10-year panel study Scandinavian Journal of Work, Environment & Health older employee mental well-being panel study bridge employment fixed-effect model involuntary retirement mental health life satisfaction retirement older worker well-being self-efficacy |
| title | How do retirement dynamics influence mental well-being in later life? A 10-year panel study |
| title_full | How do retirement dynamics influence mental well-being in later life? A 10-year panel study |
| title_fullStr | How do retirement dynamics influence mental well-being in later life? A 10-year panel study |
| title_full_unstemmed | How do retirement dynamics influence mental well-being in later life? A 10-year panel study |
| title_short | How do retirement dynamics influence mental well-being in later life? A 10-year panel study |
| title_sort | how do retirement dynamics influence mental well being in later life a 10 year panel study |
| topic | older employee mental well-being panel study bridge employment fixed-effect model involuntary retirement mental health life satisfaction retirement older worker well-being self-efficacy |
| url |
https://www.sjweh.fi/show_abstract.php?abstract_id=3464
|
| work_keys_str_mv | AT ellendingemans howdoretirementdynamicsinfluencementalwellbeinginlaterlifea10yearpanelstudy AT kenehenkens howdoretirementdynamicsinfluencementalwellbeinginlaterlifea10yearpanelstudy |