|The Influence of Work-Life Balance Directionality on Retirement Decisions
|Year of Publication
|California State University, San Bernardino
|San Bernardino, CA
|Bridge employment, Income, Retirement Decision, Work-life balance
The retirement landscape is ever shifting and has become a dual-decision process more so now than ever before. Employees consider retirement through a family lens and particularly so when there is conflict between life and work domains. Researchers have suggested that work-life directionality does influence work-related decisions (Wiktorowicz, 2018). The impact of work-life directionality, however, on retirement choices has not been substantially examined. Further, socioeconomic status (SES) has been found to influence retirement decisions to some degree (Dushi et al., 2017). Therefore, in the present study, data from a total of 17,146 participants were used from the 2018 wave of the Health and Retirement Study (HRS) to examine the influence of work-life directionality, as well as the moderating effects of income, on bridge employment and planned age to stop working permanently. The findings indicate that work-life and life-work conflict influence planned age to stop working permanently, as the presence of work-life conflict reduces the planned age and life-work conflict increases the planned age. Also, the interaction between work-life and life-work significantly influences planned age to stop working but not bridge employment. Implications of these finding for both theory and practice are discussed.