Universität zu Köln

Wetzel, Martin ORCID: 0000-0002-9206-0224, Bowen, Catherine E. and Huxhold, Oliver (2019). Level and change in economic, social, and personal resources for people retiring from paid work and other labour market statuses. Eur. J. Ageing, 16 (4). S. 439 - 454. NEW YORK: SPRINGER. ISSN 1613-9380

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Abstract

Well-being in retirement is thought to depend on person's level of resources and how his or her resources change during retirement. However, to date few studies have directly investigated resource trajectories during retirement. The current study therefore examines how economic, personal, and social-relational resources change during the retirement transition for people retiring from paid employment and for people retiring from other, non-working labour market statuses (e.g. disability pension, homemaker, unemployment). Based on four representative baseline samples of the German Ageing Survey (1996, 2002, 2008, and 2014) and their respective 6-year follow-up interviews, we identified N=586 retirees. We then used dual change score models to separately estimate the level and change in income, health, activity, family and non-family network size, and social support for people retiring from paid work (n=384) and people retiring from other statuses (n=202) adjusted for age, gender, education, region, period, and time since retirement. Overall, we found that resources changed only modestly during the retirement transition. Resource changes did, however, differ by last labour market status and sociodemographic characteristics. Income and social support declined and family networks increased for both those retiring from paid work and those retiring from other statuses. Leisure activities increased only for those retiring from paid work. No changes in health or non-family networks were observed. People with many resources before retirement also had many resources after retirement. We conclude that retirement affects resources less than researchers often expect. Accordingly, differences based on labour market remain despite retirement.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Wetzel, Martin UNSPECIFIED orcid.org/0000-0002-9206-0224 UNSPECIFIED Bowen, Catherine E. UNSPECIFIED UNSPECIFIED UNSPECIFIED Huxhold, Oliver UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-126543
DOI:	10.1007/s10433-019-00516-y
Journal or Publication Title:	Eur. J. Ageing
Volume:	16
Number:	4
Page Range:	S. 439 - 454
Date:	2019
Publisher:	SPRINGER
Place of Publication:	NEW YORK
ISSN:	1613-9380
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Social Sciences > Sociology and Social Psychology > Department of Scociology
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language LIFE SATISFACTION; RETIREMENT; HEALTH; TRANSITION; ADJUSTMENT; PATTERNS; SUPPORT Multiple languages Gerontology Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/12654