Skip to content

Research Paper Washington State University School of Economic Sciences Working Paper Series 2016-15

The dynamic effects of retirement on well-being

Authors

Publication date

Sep 2016

Summary

We use British panel data to investigate whether and to what extent individuals anticipate their retirement and adjust to it over time. We show that retirement increases satisfaction with life and the health and leisure domains of life up to three years prior to retiring. Once retired, individuals reported higher satisfaction overall and becoming more satisfied with their health, income and leisure. For health and leisure the well being boosts did not dissipate over time, but for income satisfaction adaptation was almost complete. Our findings provide new empirical evidence on the well-being dynamics in the years leading to and following retirement.

Subjects

Older People, Psychology, Time Use, Labour Market, Income Dynamics, Well Being, and Health

Links

http://ses.wsu.edu/wp-content/uploads/2016/09/WP2016-15.pdf

#524118


Research home

Research home

News

Latest findings, new research

Publications search

Search all research by subject and author

Podcasts

Researchers discuss their findings and what they mean for society

Projects

Background and context, methods and data, aims and outputs

Events

Conferences, seminars and workshops

Survey methodology

Specialist research, practice and study

Taking the long view

ISER's annual report

Themes

Key research themes and areas of interest