IDEAS home Printed from https://ideas.repec.org/a/spr/eujoag/v19y2022i4d10.1007_s10433-022-00745-8.html
   My bibliography  Save this article

Changes in life satisfaction during the transition to retirement: findings from the FIREA cohort study

Author

Listed:
  • K. C. Prakash

    (Tampere University
    Tampere University
    University of Turku and Turku University Hospital
    Stockholm University)

  • Marianna Virtanen

    (University of Eastern Finland
    Karolinska Institutet)

  • Soili Törmälehto

    (University of Eastern Finland)

  • Saana Myllyntausta

    (University of Turku)

  • Jaana Pentti

    (University of Turku and Turku University Hospital
    University of Turku and Turku University Hospital
    University of Helsinki)

  • Jussi Vahtera

    (University of Turku and Turku University Hospital
    University of Turku and Turku University Hospital)

  • Sari Stenholm

    (University of Turku and Turku University Hospital
    University of Turku and Turku University Hospital)

Abstract

Life satisfaction is an essential construct of well-being that is tied to behavioral, emotional, social and psychological outcomes. This study aimed to examine changes in total and domain-specific life satisfaction during the retirement transition and additionally examine whether those changes differ by gender, occupation, health and spousal working status. Aging public sector employees (n = 3543) from the Finnish Retirement and Aging Study cohort study were followed up annually before and after retirement. Total life satisfaction score (range 4–20) was computed by summing up the responses in four domains (interestingness, happiness, easiness and togetherness). The mean and mean change estimates and their 95% CI were calculated by using the linear regression models with generalized estimating equations, adjusted for age, gender, occupation, health and marital status. Total life satisfaction score improved among the entire study population during the retirement transition and remained stable thereafter. The improvement was greater among women versus men (gender * time interaction p = 0.004), among those with suboptimal health before retirement vs. those who had good (health * time p

Suggested Citation

  • K. C. Prakash & Marianna Virtanen & Soili Törmälehto & Saana Myllyntausta & Jaana Pentti & Jussi Vahtera & Sari Stenholm, 2022. "Changes in life satisfaction during the transition to retirement: findings from the FIREA cohort study," European Journal of Ageing, Springer, vol. 19(4), pages 1587-1599, December.
  • Handle: RePEc:spr:eujoag:v:19:y:2022:i:4:d:10.1007_s10433-022-00745-8
    DOI: 10.1007/s10433-022-00745-8
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10433-022-00745-8
    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/s10433-022-00745-8?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. Aspen Gorry & Devon Gorry & Sita Nataraj Slavov, 2018. "Does retirement improve health and life satisfaction?," Health Economics, John Wiley & Sons, Ltd., vol. 27(12), pages 2067-2086, December.
    2. Jungmeen E. Kim & Phyllis Moen, 2002. "Retirement Transitions, Gender, and Psychological Well-Being," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 57(3), pages 212-222.
    3. Butterworth, Peter & Gill, Sarah C. & Rodgers, Bryan & Anstey, Kaarin J. & Villamil, Elena & Melzer, David, 2006. "Retirement and mental health: Analysis of the Australian national survey of mental health and well-being," Social Science & Medicine, Elsevier, vol. 62(5), pages 1179-1191, March.
    4. Dawn C Carr & Phyllis Moen & Maureen Perry Jenkins & Michael Smyer & James M Raymo, 2020. "Postretirement Life Satisfaction and Financial Vulnerability: The Moderating Role of Control," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 75(4), pages 849-860.
    5. Mirkka Lahdenperä & Marianna Virtanen & Saana Myllyntausta & Jaana Pentti & Jussi Vahtera & Sari Stenholm, 2022. "Psychological Distress During the Retirement Transition and the Role of Psychosocial Working Conditions and Social Living Environment," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 77(1), pages 135-148.
    6. Kathryn M. Coursolle & Megan M. Sweeney & James M. Raymo & Jeong-Hwa Ho, 2010. "The Association Between Retirement and Emotional Well-being: Does Prior Work--Family Conflict Matter?," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 65(5), pages 609-620.
    Full references (including those not matched with items on IDEAS)

    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. Mattia Filomena & Matteo Picchio, 2023. "Retirement and health outcomes in a meta‐analytical framework," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1120-1155, September.
    2. Birgit Leimer, 2017. "No “Honeymoon Phase” Whose health benefits from retirement and when," Working Papers 1718, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    3. Esteban Calvo & Natalia Sarkisian & Christopher Tamborini, 2011. "Searching for schools in a low quality market: Evidence from Chile," Working Papers 17, Facultad de Economía y Empresa, Universidad Diego Portales.
    4. Lieze Sohier & Luc Van Ootegem & Elsy Verhofstadt, 2021. "Well-Being During the Transition from Work to Retirement," Journal of Happiness Studies, Springer, vol. 22(1), pages 263-286, January.
    5. Anita Abramowska-Kmon & Wojciech Łątkowski, 2021. "The Impact of Retirement on Happiness and Loneliness in Poland—Evidence from Panel Data," IJERPH, MDPI, vol. 18(18), pages 1-15, September.
    6. Thomas Barnay, 2016. "Health, work and working conditions: a review of the European economic literature," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 17(6), pages 693-709, July.
    7. Johannes Hagen, 2018. "The effects of increasing the normal retirement age on health care utilization and mortality," Journal of Population Economics, Springer;European Society for Population Economics, vol. 31(1), pages 193-234, January.
    8. Ana Lucia Abeliansky & Holger Strulik, 2023. "Health and aging before and after retirement," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(4), pages 2825-2855, October.
    9. Leimer, Birgit & van Ewijk, Reyn, 2022. "No “honeymoon phase”: whose health benefits from retirement and when," Economics & Human Biology, Elsevier, vol. 47(C).
    10. Bonsang, Eric & Klein, Tobias J., 2012. "Retirement and subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 311-329.
    11. Butterworth, Peter & Gill, Sarah C. & Rodgers, Bryan & Anstey, Kaarin J. & Villamil, Elena & Melzer, David, 2006. "Retirement and mental health: Analysis of the Australian national survey of mental health and well-being," Social Science & Medicine, Elsevier, vol. 62(5), pages 1179-1191, March.
    12. Barschkett, Mara & Geyer, Johannes & Haan, Peter & Hammerschmid, Anna, 2022. "The effects of an increase in the retirement age on health — Evidence from administrative data," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    13. Yuanlin Gu & Hua-Liang Wei, 2018. "Significant Indicators and Determinants of Happiness: Evidence from a UK Survey and Revealed by a Data-Driven Systems Modelling Approach," Social Sciences, MDPI, vol. 7(4), pages 1-12, March.
    14. Rogie Royce Carandang & Akira Shibanuma & Edward Asis & Dominga Carolina Chavez & Maria Teresa Tuliao & Masamine Jimba, 2020. "“Are Filipinos Aging Well?”: Determinants of Subjective Well-Being among Senior Citizens of the Community-Based ENGAGE Study," IJERPH, MDPI, vol. 17(20), pages 1-13, October.
    15. Hanwei Li & Dongling Xu & Xin Hao, 2021. "Will Delayed Retirement Affect the Health of Chinese Workers? A Study from the Perspective of Sustainability of Physical Health," Sustainability, MDPI, vol. 13(6), pages 1-23, March.
    16. Julia Bayuk & Hyunjung Crystal Lee & Jooyoung Park & Serkan Saka & Debabrata Talukdar & Jayati Sinha, 2022. "Mindfully aware and open: Mitigating subjective and objective financial vulnerability via mindfulness practices," Journal of Consumer Affairs, Wiley Blackwell, vol. 56(3), pages 1284-1311, September.
    17. Lieze Sohier, 2019. "Do Involuntary Longer Working Careers Reduce Well-being?," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 14(1), pages 171-196, March.
    18. Fiorillo, Damiano & Sabatini, Fabio, 2015. "Structural social capital and health in Italy," Economics & Human Biology, Elsevier, vol. 17(C), pages 129-142.
    19. Nielsen, Nick Fabrin, 2019. "Sick of retirement?," Journal of Health Economics, Elsevier, vol. 65(C), pages 133-152.
    20. Fanny Salignac & Myra Hamilton & Jack Noone & Axelle Marjolin & Kristy Muir, 2020. "Conceptualizing Financial Wellbeing: An Ecological Life-Course Approach," Journal of Happiness Studies, Springer, vol. 21(5), pages 1581-1602, June.

    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_s10433-022-00745-8. 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.