Brief Satisfaction and Engagement in Retirement
Barbara Butrica, Simone G. Schaner
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This brief analyzes patterns of engagement among retirees and how engagement relates to their retirement satisfaction using data from the 2002 Health and Retirement Study (HRS). Engaged retirees are significantly more likely to be satisfied with retirement than their non-engaged counterparts, regardless of age, sex, race, marital status, education, mental and physical health, or income. However, retirees who only provide caregiving are significantly less likely to be satisfied. Finally, the authors examine retirement satisfaction by the intensity of engagement, finding that the retirement satisfaction is positively correlated with increasing engagement hours, but only to a point.
Research Areas Aging and retirement
Tags Pensions Retirement policy
Policy Centers Income and Benefits Policy Center