Title | Determinants of retirement timing expectations in the United States and Australia: a cross-national comparison of the effects of health and retirement benefit policies on retirement timing decisions. |
Publication Type | Journal Article |
Year of Publication | 2012 |
Authors | Sargent-Cox, KA, Anstey, KJ, Kendig, H, Skladzien, E |
Journal | J Aging Soc Policy |
Volume | 24 |
Issue | 3 |
Pagination | 291-308 |
Date Published | 2012 |
ISSN Number | 1545-0821 |
Keywords | Activities of Daily Living, Age Factors, Australia, Cross-Cultural Comparison, Florida, Health Benefit Plans, Employee, Health Status, Humans, Job Satisfaction, Middle Aged, Pensions, Public Policy, Retirement, Sex Factors, Socioeconomic factors, Time Factors, United States |
Abstract | Data from the U.S. Health and Retirement Study (N = 2,589) and the Australian Household Income and Labour Dynamics survey (N = 1,760) were used to compare the macro-level policy frameworks on individual retirement timing expectations for pre-baby boomers (61+ years) and early baby boomers (45 to 60 years). Australian workers reported younger expected age of retirement compared to the U.S. sample. Reporting poor health was more strongly associated with younger expected retirement age in the United States than in Australia. Cohort and gender differences in the United States were found for the effect of private health insurance on younger expected age at retirement. Our results draw attention to how cross-national comparisons can inform us on the effects of policies on retirement expectations among older workers. |
DOI | 10.1080/08959420.2012.676324 |
User Guide Notes | |
Endnote Keywords | cross-national comparison/Australian Household Income and Labour Dynamics/retirement planning/Health insurance |
Endnote ID | 69588 |
Alternate Journal | J Aging Soc Policy |
Citation Key | 7743 |
PubMed ID | 22720888 |
Grant List | NIA U01AG009740 / AG / NIA NIH HHS / United States |