Unexpected retirement may lead to depression




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Previous studies
reported in ICAA Research Review have looked at adults’ plans for retirement,
which reflect the wide range of attitudes of the workers.

The best thing about being
age 62 was “retirement” and “not having to work” according
to a survey of 1,000 adults (ICAA Research Review, 8(1) January 2008).

The opposite viewpoint was
expressed in a separate telephone survey of 1,500 workers that found 70% planned
to work full- or part-time during traditional retirement years (ICAA Research
Review, 8(39) November 2008).

ANALYSIS: Using 4,241 observations
drawn from participants in the Health and Retirement Study, researchers looked
at the age when people expected to retire compared to when they actually did
retire. The workers were under age 62 in 1992, and were at least 62 years old
when the analysis was conducted.

RESULTS: When people who expected
to retire at age 62 were still working full-time, and people who expected to
be working full-time at age 62 were unemployed, there was a strong association
with symptoms of depression.

Source : http://www.icaa.cc

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