IDEAS home Printed from https://ideas.repec.org/a/spr/eujoag/v19y2022i4d10.1007_s10433-022-00731-0.html
   My bibliography  Save this article

Early retirement intentions: the impact of employment biographies, work stress and health among a baby-boomer generation

Author

Listed:
  • Lisa Toczek

    (Ulm University)

  • Hans Bosma

    (Maastricht University)

  • Richard Peter

    (Ulm University)

Abstract

In recent years, early retirement decisions have become more frequent in the European Union despite political efforts to prevent early retirement. This is a growing problem for the social security system. The study focuses on a life course approach using employment biographies and investigates the influence of work stress and health on early retirement intentions. Data of employees who were born in either 1959 or 1965 of the German cohort study on work, age, health and work participation are analysed (n = 3338). By linking survey and register data from 1993 to 2011, a sequence analysis is conducted to identify employment biographies. To analyse the relationship between the employment biographies and intended early retirement, a longitudinal path analysis is computed and includes work stress, measured through effort-reward imbalance, and self-rated health. The statistical analyses identify three adverse employment biographies, i.e. part-time work, episodes of unemployment or marginal employment. In addition, two favourable employment biographies are determined, characterised by full-time work and few episodes of unemployment. The results of the path analysis show that employment biographies with high work-related stress have early retirement intentions. Among adverse employment biographies, indirect effects of poor health on the association between work stress and early retirement intentions are found. Unexpectedly, among full-time workers, work stress is also associated with early retirement intentions with an additional mediation through health. The findings of this study highlight the importance of the life course perspective when analysing retirement decisions. In addition to health-promoting interventions in the labour market, effects of psychosocial factors should be focussed on in order to reduce early exits from the labour market.

Suggested Citation

  • Lisa Toczek & Hans Bosma & Richard Peter, 2022. "Early retirement intentions: the impact of employment biographies, work stress and health among a baby-boomer generation," European Journal of Ageing, Springer, vol. 19(4), pages 1479-1491, December.
    • Handle: RePEc:spr:eujoag:v:19:y:2022:i:4:d:10.1007_s10433-022-00731-0
    DOI: 10.1007/s10433-022-00731-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10433-022-00731-0
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10433-022-00731-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Matthias Studer & Gilbert Ritschard, 2016. "What matters in differences between life trajectories: a comparative review of sequence dissimilarity measures," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 179(2), pages 481-511, February.
    2. Francis Green & Andrew Dickerson & Alan Carruth & David Campbell, 2001. "An Analysis of Subjective Views of Job Insecurity," Studies in Economics 0108, School of Economics, University of Kent.
    3. Dale Dannefer, 2003. "Cumulative Advantage/Disadvantage and the Life Course: Cross-Fertilizing Age and Social Science Theory," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 58(6), pages 327-337.
    4. Morten Wahrendorf & Hanno Hoven & Christian Deindl & Thorsten Lunau & Paola Zaninotto & Jennifer Ailshire, 2021. "Adverse Employment Histories, Later Health Functioning and National Labor Market Policies: European Findings Based on Life-History Data From SHARE and ELSA," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 76(Supplemen), pages 27-40.
    5. Van Aerden, Karen & Puig-Barrachina, Vanessa & Bosmans, Kim & Vanroelen, Christophe, 2016. "How does employment quality relate to health and job satisfaction in Europe? A typological approach," Social Science & Medicine, Elsevier, vol. 158(C), pages 132-140.
    6. Marta Sousa-Ribeiro & Claudia Bernhard-Oettel & Magnus Sverke & Hugo Westerlund, 2021. "Health- and Age-Related Workplace Factors as Predictors of Preferred, Expected, and Actual Retirement Timing: Findings from a Swedish Cohort Study," IJERPH, MDPI, vol. 18(5), pages 1-25, March.
    7. Gabadinho, Alexis & Ritschard, Gilbert & Müller, Nicolas S & Studer, Matthias, 2011. "Analyzing and Visualizing State Sequences in R with TraMineR," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 40(i04).
    8. Steinwede, Jacob & Kleudgen, Martin & Häring, Amando & Schröder, Helmut, 2015. "Methodenbericht zur Haupterhebung lidA - leben in der Arbeit, 2. Welle," FDZ Methodenreport 201507_de, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    9. Siegrist, Johannes & Starke, Dagmar & Chandola, Tarani & Godin, Isabelle & Marmot, Michael & Niedhammer, Isabelle & Peter, Richard, 2004. "The measurement of effort-reward imbalance at work: European comparisons," Social Science & Medicine, Elsevier, vol. 58(8), pages 1483-1499, April.
    10. Peter Browne & Ewan Carr & Maria Fleischmann & Baowen Xue & Stephen A. Stansfeld, 2019. "The relationship between workplace psychosocial environment and retirement intentions and actual retirement: a systematic review," European Journal of Ageing, Springer, vol. 16(1), pages 73-82, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yeung, Dannii Y. & Ho, Alvin K.K. & Lam, Alfred H.K. & Lam, Alvin C.H., 2023. "An integrated model on purchase intentions of typical and tax-deductible saving products: The roles of retirement goal clarity and age," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 104(C).
    2. Wiebke Schmitz & L. Naegele & F. Frerichs & L. Ellwardt, 2023. "Gendered late working life trajectories, family history and welfare regimes: evidence from SHARELIFE," European Journal of Ageing, Springer, vol. 20(1), pages 1-15, December.
    3. Tianshu Jiang & Hongli Fan & Qian Wei, 2024. "The Impact of Retirement on Subjective Well-Being: Evidence from Chinese Formal Sector Workers," Journal of Happiness Studies, Springer, vol. 25(7), pages 1-22, October.
    4. Lisa Toczek & Richard Peter, 2023. "Investigating the influence of work-related stress on early labour market exit: the role of health," European Journal of Ageing, Springer, vol. 20(1), pages 1-9, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Devillanova, Carlo & Raitano, Michele & Struffolino, Emanuela, 2019. "Longitudinal employment trajectories and health in middle life: Insights from linked administrative and survey data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 40, pages 1375-1412.
    2. Giudici, Francesco & Morselli, Davide, 2019. "20 Years in the world of work: A study of (nonstandard) occupational trajectories and health," Social Science & Medicine, Elsevier, vol. 224(C), pages 138-148.
    3. Morten Wahrendorf & Anja Marr & Manfred Antoni & Beate Pesch & Karl-Heinz Jöckel & Thorsten Lunau & Susanne Moebus & Marina Arendt & Thomas Brüning & Thomas Behrens & Nico Dragano, 2019. "Agreement of Self-Reported and Administrative Data on Employment Histories in a German Cohort Study: A Sequence Analysis," European Journal of Population, Springer;European Association for Population Studies, vol. 35(2), pages 329-346, May.
    4. Martin O’Flaherty & Janeen Baxter & Michele Haynes & Gavin Turrell, 2016. "The Family Life Course and Health: Partnership, Fertility Histories, and Later-Life Physical Health Trajectories in Australia," Demography, Springer;Population Association of America (PAA), vol. 53(3), pages 777-804, June.
    5. Marcel Raab & Emanuela Struffolino, 2020. "The Heterogeneity of Partnership Trajectories to Childlessness in Germany," European Journal of Population, Springer;European Association for Population Studies, vol. 36(1), pages 53-70, March.
    6. repec:iab:iabfda:201601(de is not listed on IDEAS
    7. Joanne S. Muller & Nicole Hiekel & Aart C. Liefbroer, 2020. "The Long-Term Costs of Family Trajectories: Women’s Later-Life Employment and Earnings Across Europe," Demography, Springer;Population Association of America (PAA), vol. 57(3), pages 1007-1034, June.
    8. Babette Bühler & Katja Möhring & Andreas P. Weiland, 2022. "Assessing dissimilarity of employment history information from survey and administrative data using sequence analysis techniques," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(6), pages 4747-4774, December.
    9. Marc A. Scott & Kaushik Mohan & Jacques‐Antoine Gauthier, 2020. "Model‐based clustering and analysis of life history data," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 183(3), pages 1231-1251, June.
    10. Tophoven, Silke & Wurdack, Anja & Rauch, Angela & Munkert, Casandra & Bauer, Ulrike, 2016. "lidA - leben in der Arbeit : German cohort study on work, age and health. Documentation for waves 1 and 2," FDZ Datenreport. Documentation on Labour Market Data 201601_en, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    11. Michal Engelman & Heide Jackson, 2019. "Gradual Change, Homeostasis, and Punctuated Equilibrium: Reconsidering Patterns of Health in Later Life," Demography, Springer;Population Association of America (PAA), vol. 56(6), pages 2323-2347, December.
    12. Kandt, Jens & Leak, Alistair, 2019. "Examining inclusive mobility through smartcard data: What shall we make of senior citizens' declining bus patronage in the West Midlands?," Journal of Transport Geography, Elsevier, vol. 79(C), pages 1-1.
    13. Mathias Voigt & Antonio Abellán & Julio Pérez & Diego Ramiro, 2020. "The effects of socioeconomic conditions on old-age mortality within shared disability pathways," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-17, September.
    14. Elizabeth C Delmelle, 2017. "Differentiating pathways of neighborhood change in 50 U.S. metropolitan areas," Environment and Planning A, , vol. 49(10), pages 2402-2424, October.
    15. Borgna, Camilla & Struffolino, Emanuela, 2018. "Unpacking Configurational Dynamics: Sequence Analysis and Qualitative Comparative Analysis as a Mixed-Method Design," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 167-184.
    16. Alketa Peci & Aline de Menezes Santos & Bruno César Pino Oliveira de Araújo, 2022. "Quo Vadis? Career paths of Brazilian regulators," Regulation & Governance, John Wiley & Sons, vol. 16(2), pages 470-486, April.
    17. Michael Stiller & Melanie Ebener & Hans Martin Hasselhorn, 2023. "Job quality continuity and change in later working life and the mediating role of mental and physical health on employment participation," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 57(1), pages 1-17, December.
    18. Ricard, Antonin & Shimizu, Katsuhiko & Vieu, Marion, 2021. "Deepening the timing dimension of emerging market multinational companies’ internationalization – An exploratory perspective," Journal of International Management, Elsevier, vol. 27(3).
    19. Valentina Tocchioni & Marcantonio Caltabiano & Silvia Meggiolaro, 2022. "Diverse pathways in young Italians’ entrance into sexual life: The association with gender and birth cohort," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 46(13), pages 355-396.
    20. Wiebke Schmitz & L. Naegele & F. Frerichs & L. Ellwardt, 2023. "Gendered late working life trajectories, family history and welfare regimes: evidence from SHARELIFE," European Journal of Ageing, Springer, vol. 20(1), pages 1-15, December.
    21. Jean-François Mas & Rodrigo Nogueira de Vasconcelos & Washington Franca-Rocha, 2019. "Analysis of High Temporal Resolution Land Use/Land Cover Trajectories," Land, MDPI, vol. 8(2), pages 1-19, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eujoag:v:19:y:2022:i:4:d:10.1007_s10433-022-00731-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.