The Selection of Partial or Full Retirement by Older Workers

TitleThe Selection of Partial or Full Retirement by Older Workers
Publication TypeJournal Article
Year of Publication2005
AuthorsKim, H, DeVaney, SA
JournalJournal of Family and Economic Issues
Call Numberpubs_2005_selection_older_workers.pdf
KeywordsEmployment and Labor Force, Retirement Planning and Satisfaction

The study investigated whether older workers chose partial or full retirement instead of full-time work. Partial or full retirement status was modeled as a combination of self-reported retirement status and change in number of hours worked. The results of multinomial logistic regression using data from the first and fifth waves of the Health and Retirement Study collected in 1992 and 2000 showed that age and gender had similar effects on the likelihood of partial and full retirement. Full retirement was also influenced by investment assets, pensions, employee health insurance, and poor health. The likelihood of partial retirement was also influenced by self-employment, chronic health conditions, and education. Workers who seek partial retirement need working conditions that allow them to make this choice.

Endnote Keywords

Older Workers/Retirement

Endnote ID


Citation Key7033