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Studies

Maxwell (1985): study US 1966

Publication

Author(s):
Maxwell, N.L.
Title:
The Retirement Experience: Psychological and Financial Linkages to the Labor Market.
Source:
Social Science Quarterly, 1985, Vol. 66, 22 - 33

Investigation

Public
45+ aged males, USA, followed 12 years 1966-1978
Sample
Probability stratified sample
Respondents
N = 1173
Non Response
Assessment
Interview: face-to-face
Highly structured

Happiness Measure(s) and Distributional Findings

Full text:
Self report on single question:

Overall, how happy would you say you are with your life......?
3  very happy
2  somewhat happy
1  unhappy
Classification:
O-HL-u-sq-v-3-f
Author's label:
Life satisfaction
Page in publication:
26

Correlational Findings

Author's label Subject Description Finding Reason retirement: health Retired for heath reasons Reason retirement: compulsory plan Compulsory retirement (vs free choice) Reason retirement: unemployment Earlier unemployment
Full retirement (vs partial)
Earlier job satisfaction Earlier satisfaction with work Earlier work motivation Earlier motivation to work Pre-retirement SES Earlier occupation
Earlier socio-economic status
Married status Married state (compared to non-married states) Dependents in household Dependent persons in household White race Ethnic status in the USA Number of years retired Time since retirement Absolute post-retirement income Household income Relative income Change in income level Health problems Self-perceived health