Retirement of Dutch Male Older Workers: The Role of Mid-Life Educational, Work, Health, and Family Experiences

29 Pages Posted: 14 Nov 2010

See all articles by Marleen Damman

Marleen Damman

Netherlands Interdisciplinary Demographic Institute (NIDI)

Kene Henkens

Netherlands Interdisciplinary Demographic Institute

Matthijs Kalmijn

Tilburg University

Date Written: September 1, 2010

Abstract

Objectives: The life course perspective suggests that the retirement process cannot be understood thoroughly without paying attention to distal life experiences. In empirical studies on predictors of retirement, however, mid-life experiences often have remained implicit or have been neglected. This study aims to improve our understanding of retirement, by studying the impact of mid-life experiences in the educational, work, health, and family life spheres on retirement intentions and behavior.

Methods: Using panel data of 1229 Dutch male older workers, we estimated linear regression models to explain retirement intentions and Cox proportional hazards regression models to explain retirement behavior.

Results: Mid-life experiences in all studied life spheres were related to retirement intentions. For mid-life work experiences (dismissal and employer change) the relationships were explained by the perceived financial consequences of these experiences (pension shortcomings). The effects of most mid-life experiences in the educational, health, and family spheres remained significant after controlling for different aspects of the preretirement financial situation. Only some of the predictors of retirement intentions also predicted retirement behavior.

Discussion: Given the de-standardization of life courses, information on distal life experiences might become even more important for understanding retirement in the future.

Suggested Citation

Damman, Marleen and Henkens, Kene and Kalmijn, Matthijs, Retirement of Dutch Male Older Workers: The Role of Mid-Life Educational, Work, Health, and Family Experiences (September 1, 2010). Netspar Discussion Paper No. 09/2010-048, Available at SSRN: https://ssrn.com/abstract=1708079 or http://dx.doi.org/10.2139/ssrn.1708079

Marleen Damman (Contact Author)

Netherlands Interdisciplinary Demographic Institute (NIDI) ( email )

P.O. Box 11650
NL-2502 AR The Hague
Netherlands

Kene Henkens

Netherlands Interdisciplinary Demographic Institute ( email )

P.O. Box 11650
The Hague NL-2502 AR
Netherlands
+3170 3565235 (Phone)
+3170 3647187 (Fax)

Matthijs Kalmijn

Tilburg University ( email )

P.O. Box 90153
Tilburg, DC Noord-Brabant 5000 LE
Netherlands

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