The well-being of retireesEvidence using subjective data

The well-being of retireesEvidence using subjective data

The

well-being of retirees

Evidence using subjective data

Bender

Keith A.

Bender, Keith A.

Author

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20042004monographic

Chestnut Hill, Mass.

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2004

2004

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

While previous economic research focuses on the financial well-being of retirees, this paper examines the determinants of overall well-being of retirees. Using data from the 2000 Health and Retirement Study, the strongest predictor of retirement well-being is the reason for entering retirement. If individuals were forced to retire, their well-being is significantly lower than those who chose to retire. This indicates the importance of expectations on retirement satisfaction. Additionally, health, current income, and comparison retirement income have important roles in determining overall well-being.

Keith A. Bender.

CRR WP2004-24

CRR WP2004-24

CRR WP

2004-24

http://crr.bc.edu/images/stories/Working_Papers/wp_2004-24.pdf

MChBEnglisheng

MChB

Englisheng

English

eng