The Hidden Risk of Retirement: The Impact of Retirement on Mental Health

13 Pages Posted: 18 Oct 2018

Date Written: September 24, 2018

Abstract

Early retirement is a popular goal for many Americans but little research has been conducted to investigate the impact of this decision. This paper estimates the effects of retirement on several mental health outcomes using an ordered-probit model. Results suggest that retirement is negatively related to mental health in four of the tested categories: cognitive skills, mental status, memory, and Alzheimer’s symptoms. This implies that early retirement may have hidden costs and that working longer may help to preserve mental health.

Keywords: retirement, mental health

Suggested Citation

Crouch, Christopher, The Hidden Risk of Retirement: The Impact of Retirement on Mental Health (September 24, 2018). Available at SSRN: https://ssrn.com/abstract=3254547 or http://dx.doi.org/10.2139/ssrn.3254547

Christopher Crouch (Contact Author)

Independent ( email )

No Address Available

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