This project has three main objectives. First, it aims to identify the entire retirement processes of individuals and couples, defined by labor force exits and reentries, Social Security and pension receipt, and retiree self definitions. Second, it assesses the effects of choice (disability, job displacement, caregiving, and spouse control), instrumental, and cognitive utilities (reflecting social, couple, family and personal expectations about the timing of the retirement transition) on retirement transition processes. The third objective is to assess the outcomes (retirement plan implementation, benefit optimization, retirement satisfaction, change in income, food security, depressive symptoms, health risk behaviors, self-rated health, health insurance coverage, and life expectations) of specific retirement transition processes for individuals and couples. The analyses will rely on secondary analyses of the Health and Retirement Survey (waves 1992-2004). Main analyses techniques employed will include multistate life tables, regression techniques for censored data and interdependent observations (couples), structural equation modeling, and general estimation procedures. The project has important health-related outcomes. It will demonstrate to what extent health limitations preclude choice over retirement transitions and whether such limited choice significantly reduces retirement benefits as well as emotional and physical well-being and access to health insurance. The project will further assess whether negative outcomes of initial retirement transitions can be reduced through subsequent processes such as reentry into the labor force. In addition to its importance for health-related outcomes, the project also provides theoretical and methodological contributions to the retirement literature. Major innovations include the identification of retirement processes, the emphasis on control and cognitive utility, the measurement of post-retirement financial well-being in terms of the difference between actual and optimal benefits, and the assessment of cross-spouse influences and outcomes.

Agency
National Institute of Health (NIH)
Institute
National Institute on Aging (NIA)
Type
Research Project (R01)
Project #
5R01AG013180-10
Application #
7825420
Study Section
Social Psychology, Personality and Interpersonal Processes Study Section (SPIP)
Program Officer
Phillips, John
Project Start
1997-07-15
Project End
2013-04-30
Budget Start
2010-05-01
Budget End
2013-04-30
Support Year
10
Fiscal Year
2010
Total Cost
$219,299
Indirect Cost
Name
University of Massachusetts Boston
Department
Other Health Professions
Type
Other Domestic Higher Education
DUNS #
808008122
City
Boston
State
MA
Country
United States
Zip Code
02125
Szinovacz, Maximiliane E; Davey, Adam; Martin, Lauren (2015) Did the Great Recession influence retirement plans? Res Aging 37:275-305
Davey, Adam; Siegler, Ilene C; Martin, Peter et al. (2015) Personality Structure Among Centenarians: The Georgia Centenarian Study. Exp Aging Res 41:361-85
Elias, Merrill F; Davey, Adam; Dore, Gregory A et al. (2014) Deterioration in renal function is associated with increased arterial stiffness. Am J Hypertens 27:207-14
Szinovacz, Maximiliane E; Martin, Lauren; Davey, Adam (2014) Recession and expected retirement age: another look at the evidence. Gerontologist 54:245-57
Davey, Adam; Malmberg, Bo; Sundström, Gerdt (2014) Aging in Sweden: local variation, local control. Gerontologist 54:525-32
Crichton, Georgina E; Elias, Merrill F; Davey, Adam et al. (2014) Cardiovascular health: a cross-national comparison between the Maine Syracuse Study (Central New York, USA) and ORISCAV-LUX (Luxembourg). BMC Public Health 14:253
Dai, Ting; Davey, Adam; Woodard, John L et al. (2013) Sources of variation on the mini-mental state examination in a population-based sample of centenarians. J Am Geriatr Soc 61:1369-76
Davey, Adam; Elias, Merrill F; Robbins, Michael A et al. (2013) Decline in renal functioning is associated with longitudinal decline in global cognitive functioning, abstract reasoning and verbal memory. Nephrol Dial Transplant 28:1810-9
Davey, Adam; Dai, Ting; Woodard, John L et al. (2013) Profiles of cognitive functioning in a population-based sample of centenarians using factor mixture analysis. Exp Aging Res 39:125-44
Savla, Jyoti; Granger, Douglas A; Roberto, Karen A et al. (2013) Cortisol, alpha amylase, and daily stressors in spouses of persons with mild cognitive impairment. Psychol Aging 28:666-79

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