Level of choice in older women’s decisions to retire or continue working and associated well-being

Retirement is a complex life transition. Women’s retirement, like their work lives, may be further complicated, for example, by family or financial obligations; they may feel forced to retire or to continue working or feel they have the choice to do so. This study examines the role of voluntary versus involuntary retirement or continued work participation among retirement-age women; specifically, the relationships between choice, work status, and well-being. Compared to women forced to retire, women who chose retirement or continuing to work had higher levels of life satisfaction. Findings highlight the importance of examining retirement within the life course context.     

Women millennials’ perceptions of pension savings through the use of autoenrollment in the UK pension system

There has been concern about younger people, and women in particular, not saving enough for retirement and how to encourage further saving. Therefore, this study—partly funded by the Fawcett Society in association with Scottish Widows—explores female millennials’ attitudes and motivations toward pension saving and automatic enrollment through the use of 40 semistructured interviews and a focus group. The findings show that although the introduction of autoenrollment pensions is generally positively received, pensions knowledge is still limited, and this intensifies the risk of undersaving for retirement among millennial women, particularly given women’s diverse work histories.     

The Retirement Life Course in America at the Dawn of the Twenty-First Century

As the baby boom cohorts expand the number of U.S. retirees, population estimates of the employment, withdrawal and reentry behaviors of older Americans’ remain scarce. How long do people work? How frequently is retirement reversed? How many years are people retired? What is the modal age of retirement? And, how do the patterns for women compare to those for men? Using the 1992–2004 Health and Retirement Study, we estimate multistate working life tables to update information on the age-graded regularities of the retirement life course of men and women in the United States. We find that at age 50 men can expect to spend half of their remaining lives working for pay, while women can expect to spend just one-third. Half of all men and women have left the labor force by ages 63 and 61, respectively. Although the majority of retirement exits are final, variation in the nature and duration of the retirement process is substantial, as about a third of men’s and women’s exits are reversed. By quantifying these patterns for men and women, we provide a sound empirical basis for evaluating policy designed to address the financial pressures population aging places on public and private pension systems.     

Anticipation of retirement among baby boomers

A total of 32 interviews were conducted with women in academia who were born between 1946 and 1964. Twenty-one of these interviews were completed with academic women in the United States. and eleven with academic women in New Zealand. The data were analyzed to determine what these "baby boomers" anticipate for their retirement as well as their concerns about facing retirement. Cohort and cross-cultural comparisons were made. The authors identified common themes in the interviews. These included rejection of the traditional definition of retirement, anticipated age at retirement determined by personal needs rather than age-graded societal norms, retirement projected to be an active period involving a mix of work and leisure activities, and major concerns, about health and health care, the availability of entitlements and finances. The findings from this study indicate baby boomers are forging a new path for retirement. Further research investigating the transition for women of the baby boom generation from worker to retiree may open windows into the future of retirement for women.     

Anticipation of Retirement Among Baby Boomers

ABSTRACT

A total of 32 interviews were conducted with women in academia who were born between 1946 and 1964. Twenty-one of these interviews were completed with academic women in the United States. and eleven with academic women in New Zealand. The data were analyzed to determine what these “baby boomers” anticipate for their retirement as well as their concerns about facing retirement. Cohort and cross-cultural comparisons were made. The authors identified common themes in the interviews. These included rejection of the traditional definition of retirement, anticipated age at retirement determined by personal needs rather than age-graded societal norms, retirement projected to be an active period involving a mix of work and leisure activities, and major concerns, about health and health care, the availability of entitlements and finances. The findings from this study indicate baby boomers are forging a new path for retirement. Further research investigating the transition for women of the baby boom generation from worker to retiree may open windows into the future of retirement for women.     

提前退休模式与行为及其影响因素——基于中国综合社会调查数据的分析

文章基于2008年中国综合社会调查数据,对城镇人口提前退休模式与行为及其影响因素进行了分析。主要结论是:(1)提前退休模式与行为存在显著的性别差异,女性比男性距离法定退休年龄更近时退休,表现出较为明显的集聚特征,法定退休年龄对女性退休模式与行为的影响更大;(2)随着中国家庭子女数量的减少,劳动力市场灵活性的逐步增强,人们劳动参与意愿和可能性都会显著提升,提前退休的可能性越来越小,而且不断提高的受教育程度也会使女性提前退休的可能性减小;(3)中国的社会保障制度对男性提前退休有显著影响,对女性则不显著。与养老保险制度相比,医疗保险与失业保险制度对男性提前退休的影响更大,基本医疗保险制度的完善会增加提前退休的可能性,失业保险制度的完善更有可能增强男性的工作意愿,降低提前退休的可能性。     

健康冲击、基本医疗保险与老年人“退而不休”

在我国进入深度老龄化、劳动力供给不足的背景下,探究健康以及基本医疗保险对老年人退而不休的影响对未来合理有效开发老年人力资源具有重要意义。本文使用四期CHARLS数据将健康冲击、医疗保险与老年人退而不休放在一个统一的分析框架中,分别考察了健康冲击、新农合以及城镇职工医疗保险对老年人退而不休的影响,并进一步探究了医疗保险对老年人退而不休影响的健康异质性。结果表明:健康冲击对老年人退而不休意愿和劳动时间均有显著正向促进效应,且对劳动时间的影响有明显城乡差异,对农村地区影响更大。新农合会明显激励农村老年人选择退而不休,发生比率提高为未参合时的3.59倍,但会降低劳动时间,全年平均减少了21.21天;而城镇职工医疗保险对老年人退而不休意愿没有显著影响,但会增加劳动时间,全年平均增加了13.92天,且对劳动时间供给更多的个体,其激励效应逐渐减弱。同时,医疗保险对老年人退而不休的影响还存在性别差异,其中新农合对女性退而不休意愿影响更大,但对劳动时间并没有显著的性别差异;而职工医疗保险对女性退而不休意愿、对男性劳动时间影响更大。此外,本文还发现医疗保险对老年人退而不休的影响存在健康异质性,对健康变差的群体影响更大。     

Demographics,the Third Age and partial retirement: Policy proposals to accommodate the changing picture of female retirement in Canada

Much concern has been raised around the potential impact of the retirement of the large baby boom generation. This article specifically addresses the unique issues surrounding the retirement of female baby boomers. Demographic changes, including increased labor force participation, coupled with declining fertility rates, have resulted in a social transformation of the roles women play in society. Despite these changes, women still bear much of the caregiving responsibilities in the household, which can complicate retirement choices. This article examines female retirement in the Canadian context and presents three policy proposals to expand women’s retirement choices, encourage longer-term labor force participation, and thereby extend their working lives into the Third Age.     

Gender differences in factors that influence time spent planning for retirement

Retirement research has shown that planning activities are influenced by a variety of demographic and psychological variables. However, few investigations have focused on how demographic and psychological factors influence the time and effort men and women allocate to retirement preparation. In the present study, 184 individuals completed a survey designed to assess future time perspective (FTP), worry about retirement, age, and income level. Hierarchical regression techniques were used to examine how these variables influenced the amount of time men and women spent planning for and thinking about retirement. Results revealed that women spent less time thinking about retirement than men, and gender was differentially related to the factors predictive of this activity. From an applied perspective, these findings suggest that separate retirement intervention programs are warranted that meet the unique needs of working men and women.     

Gender Differences in Retirement Planning Among Educators:

Genger differences in amount of retirement financial planning were examined among 3,064 retirees from a major state retirement system. Significant gender differences were found in amount of personal financial planning, perceived adequacy of planning and attendance at retirement workshops with women planning less than men. Factors most important for retirement planning among women are identified and intervention strategies for practitioners to help women better prepare for retirement are suggested.     

Friendships Among Old Women

Because of widowhood, divorce, retirement, and prejudice against them, old women are in special need of friendships with other women. Old women's friendships have many valuable functions. It is dangerous to depend on just one friend. There are impediments to making friendships in old age including projection of negativity about again on other old women, lack of resources and transportation, fears of loss, invasion of privacy, obligations, and preference for males. Some women settle for paid therapists as friends or for self help groups. Communities can provide activities fostering friendships, and women themselves can learn how to make connections.     

The demography of words: The global decline in non-numeric fertility preferences, 1993–2011

This paper examines the decline in non-numeric responses to questions about fertility preferences among women in the developing world. These types of response—such as ‘don’t know’ or ‘it’s up to God’—have often been interpreted through the lens of fertility transition theory as an indication that reproduction has not yet entered women’s ‘calculus of conscious choice’. However, this has yet to be investigated cross-nationally and over time. Using 19?years of data from 32 countries, we find that non-numeric fertility preferences decline most substantially in the early stages of a country’s fertility transition. Using country-specific and multilevel models, we explore the individual- and contextual-level characteristics associated with women’s likelihood of providing a non-numeric response to questions about their fertility preferences. Non-numeric fertility preferences are influenced by a host of social factors, with educational attainment and knowledge of contraception being the most robust and consistent predictors.     

The Association Between Individual Income and Remaining Life Expectancy at the Age of 65 in the Netherlands

This article quantifies the association between individual income and remaining life expectancy at the statutory retirement age (65) in the Netherlands. For this purpose, we estimate a mortality risk model using a large administrative data set that covers the 1996–2007 period. Besides age and marital status, the model includes as covariates individual and spouse’s income as well as a random individual specific effect. It thus allows for dynamic selection based on both observed and unobserved characteristics. We find that conditional on marital status, individual income is about equally strong and negatively associated with mortality risk for men and women and that spouse’s income is only weakly associated with mortality risk for women. For both men and women, we quantify remaining life expectancy at age 65 for low-income individuals as approximately 2.5 years less than that for high-income individuals.     

Grandparental availability for child care and maternal labor force participation: pension reform evidence from Italy

In this paper, we exploit pension reform-induced changes in retirement eligibility requirements to assess the role of grandparental childcare availability in the labor force participation of women with children under 15. Our analysis shows that, among the women studied, those whose own mothers are retirement eligible have a 11% higher probability of being in the labor force than those whose mothers are ineligible. The pension eligibility of maternal grandfathers and paternal grandparents, however, has no significant effect on the women’s labor force participation. We also demonstrate that the eligibility of maternal grandmothers mainly captures the effect of their availability for childcare. Hence, pension reforms, by potentially robbing households of an important source of flexible, low-cost childcare, could have unintended negative consequences for the employment rates of women with young children.     

Recruitment strategies for conducting research on women's retirement

Currently, little information is available to inform new or returning researchers about designing and conducting research on the topic of women and retirement. Few published studies describe how to access non-probability samples of retired women, yet preliminary evidence suggests women possess distinctive characteristics that affect their retirement as well as complicate the recruitment process. In this article, certain challenges and benefits of conducting research with women in retirement are presented. Next, important issues to consider prior to sampling retired women are described. Finally, specific strategies for identifying and recruiting community-dwelling retired women are presented and discussed.     

Recruitment Strategies for Conducting Research on Women's Retirement

ABSTRACT

Currently, little information is available to inform new or returning researchers about designing and conducting research on the topic of women and retirement. Few published studies describe how to access non-probability samples of retired women, yet preliminary evidence suggests women possess distinctive characteristics that affect their retirement as well as complicate the recruitment process. In this article, certain challenges and benefits of conducting research with women in retirement are presented. Next, important issues to consider prior to sampling retired women are described. Finally, specific strategies for identifying and recruiting community-dwelling retired women are presented and discussed.     

Divorce,living arrangements,and material well-being during the transition to adulthood in rural Malawi

In this paper, we use longitudinal data to investigate how parental death and divorce influence young women’s own experience of divorce in Malawi, a setting where women marry relatively early and unions are fragile. We find that maternal death and parental divorce are positively associated with divorce for young women but, after controlling for socio-demographic and marital characteristics, only the association with maternal death remains statistically significant. Maternal and paternal death are both strongly associated with women’s post-divorce living arrangements, which in turn affects their material well-being. This finding suggests that divorcing at a young age shapes the subsequent life chances of women; although some women return to their parental home and may have the opportunity to reset the transition to adulthood, other women begin their 20s as head of their own household and with considerable material disadvantage.     

Economic incentives for financial and residential independence

In this paper we examine the impact of the resources of children and of their parents on the children’s transition to residential and financial independence. Previous studies of this transition focused primarily on the impact of family structure and parent-child relationships on the decision to leave home, but much less is known about the role of economic factors in the transition to independence. Using data from the Panel Study of Income Dynamics (PSID) for the period 1968–1988, we estimate discrete-hazard models of the probability of achieving residential and financial independence. We find that the child’s wage opportunities and the parents’ income are important determinants of establishing independence. The effect of parental income changes with the child’s age. We also find some evidence that federal tax policy influences the decision to become independent, although the magnitude of this effect is quite small.     

An inquiry into self-identification with retirement

ABSTRACT

The aim of this qualitative study was to explore patterns in self-identification with being retired using deductive thematic analysis informed by the life course perspective. For this study, a set of women who self-identified as retired (n = 60) were asked to describe their current work status, major career interruptions, and factors that marked their retirement. This study provides important insights into the heterogeneity in women’s retirement including a subset of individuals who self-identified as retired, not based on their own work force transitions but on that of their spouse or peers. Findings highlight the importance of recognizing that the construction of retirement identity can be context driven, varied, and subjective.