Expectations and Realization of Joint Retirement among Dual-Worker Couples

Complements or Substitutes? Young Germans' Experience and Expectations with Financing Sources for Long-Term Care

Financing long-term care is a growing challenge in aging societies. To address this challenge, Germany created public long-term care insurance (DPV) more than 25 years ago. Germans still need to prepare for their own care throughout their life course to supplement public insurance. This study presents descriptive statistics and multivariate regression analysis to examine young Germans' experiences and expectations of the relationship between the DPV and private financing sources. We base our analysis on a proprietary data set of young Germans (16-39 years old) that oversamples those with caregiving experience and East Germans. We find that public long-term care insurance is a substitute for rather than a complement to other financing sources. Specifically, many young Germans do not count on public long-term care insurance to finance care. Instead, they see private funding sources as substitutes for long-term care insurance. Those who count on private long-term care insurance are between 48 and 70% less likely to count on DPV benefits. Experience with care increases the likelihood of young Germans expecting future public benefits by factor of six or 18, depending on the specific care familiarity. Young Germans are also more likely to count on future generations to support their own care than they expect themselves to support the care of their parents through the DPV. Given that the DPV provides basic universal insurance that requires some complementary private income sources, our findings suggest that young Germans, who will need to build some of these income sources throughout their careers, are underestimating the value of the DPV and overestimating their own ability to pay for long-term care. Policymakers will need to reduce the political risks to the DPV and increase young Germans' savings over the life-course to address this imbalance.

Pain, Physical Demands at Work, and Future Work Expectations Among Older Adults in the United States

Background and Objectives

In the United States, pain is becoming increasingly prevalent among older adults at the same time as policies are incentivizing work longer. Given that pain and physically demanding jobs are both linked to early retirement and they often go hand-in-hand, it is important to assess how the unique effects of pain and physical work demands may interact in predicting future work expectations.

Research Design and Methods

Using Health and Retirement Study data (1998, 2004, 2010, and 2016 waves), we assess how pain and physical job demands influence future work expectations of 10,358 adults at midlife (ages 51-56), after accounting for sociodemographic, job, health, and financial characteristics.

Results

Compared to men with no pain, activity-interfering pain was associated with low expectations of full-time work past 62 regardless of job demands, while noninterfering pain was associated with 62% higher odds (odds ratio [OR] = 1.62, 95% confidence interval [CI]: 1.35-1.93) of expecting not to work full-time past age 62 only among those with physically demanding jobs. Having both interfering pain and a physically demanding job was associated with increased odds of expecting not to work full-time past age 65 for men (OR = 1.25, 95% CI: 1.06-1.47) and past age 62 for women (OR = 1.18, 95% CI: 1.00-1.39).

Discussion and Implications

The co-occurrence of physically demanding work with pain-particularly activity-interfering pain-is associated with low expectations of full-time work past ages 62 and 65 for adults at midlife. Working longer may be feasible for older adults whose pain does not interfere with work, but unrealistic for individuals facing both pain and physically demanding work.

Retirement and Sexual Satisfaction

BACKGROUND AND OBJECTIVES

Although interest in sexuality in older age has increased over the last decades, few studies have focused on longitudinal change in sexual satisfaction around retirement age. In the present study, we studied change in sexual satisfaction across retirement in a sample of Swedish older adults with a partner.

RESEARCH DESIGN AND METHODS

Our analyses were based on n = 759 participants (359 male, 400 female) from the longitudinal Health, Aging, and Retirement Transitions in Sweden study. For this study, we used 5 waves spanning over a period of 4 years.

RESULTS

On average, sexual satisfaction did not change significantly before retirement, but decreased after retirement. Interestingly, women showed higher sexual satisfaction than men, as well as a more positive development of both pre- and postretirement sexual satisfaction. Individuals with higher relationship satisfaction had a higher sexual satisfaction until retirement, but their sexual satisfaction also decreased faster after retirement, whereas those with lower relationship satisfaction showed a stable but lower sexual satisfaction.

DISCUSSION AND IMPLICATIONS

Sexual satisfaction can change in the retirement transition in several important ways and further studies on the impact of retirement and other late-life stage transitions are warranted.

Employment trends at older ages: policy impact or secular change?

Observed increases in retirement age are generally attributed to policies to extend working lives (PEW). In a quasi-experimental design, we examine to what extent increases in employment of older workers can be attributed to secular changes in individual characteristics as opposed to PEW. We compare two countries: one with clear PEW (the Netherlands) and one without PEW (Norway). Data come from the Dutch Longitudinal Aging Study Amsterdam and the NORwegian Longitudinal study on Aging and Generations. From each study, two same-age (55-64 years) samples are selected, one recruited in 2002-03, and one recruited after five (Norway) and ten years (Netherlands). In pooled regression analysis, paid work is the outcome variable, and time of measurement, the main independent variable. Individual characteristics include age, sex, educational level, self-perceived health, functional limitations, sense of mastery, and work status of partner. Employment rose in both countries, faster in the Netherlands than in Norway. Of the rise in employment, individual characteristics explained less in the Netherlands than in Norway. Accounting for these, the interaction country*time was significant, indicating an extra rise in employment of 5.2 and 7.5% points for Dutch men and women, net of individual characteristics and unobserved factors that are assumed to be similar in both countries. The extra rise in the Netherlands represents 57% of the total rise for both sexes. Thus, secular change in individual characteristics explains part of the rise in employment in both countries. In the Netherlands, other factors such as PEW may additionally explain the rise in employment.

Supplementary Information

The online version contains supplementary material available at 10.1007/s10433-021-00664-0.

Pension Policy Literacy and Retirement Expectations: A Cross-Country Survey Experiment

OBJECTIVES

This study reports the findings of the first cross-national survey experiment on the effects of information on the expected retirement age. Given the drawbacks of unrealistic retirement expectations, the study examines the impacts of nonpartisan information about future demographic aging and forecasted pension benefit levels.

METHODS

An online survey experiment was conducted in the US, Germany and Spain in 2018 using an internet access panel. We assigned respondents to two random treatments: one citing the change in the projected share of the population older than 65 years (demographic treatment) and another citing the projected change in pension replacement rates (benefits treatment), both for 2015 to 2040. Treatment effects on the expected retirement age are reported.

RESULTS

The benefits treatment has a strong influence on retirement expectations. In the US, respondents informed of the expected decline in pension replacement rates expect to retire two years later than respondents not informed of the decline. In Spain, this treatment leads to an approximately 9-month postponement of expected retirement, while no significant effect is found in Germany. In addition, the demographic treatment does not affect retirement expectations in the countries studied. Respondents in all countries informed of future population aging do not show different expected retirement ages than respondents not given this information.

DISCUSSION

People's retirement expectations are sensitive to information on future changes in pension generosity but not to information on population aging. The results suggest information campaigns focused on declining pension replacement rates may help extend working lives.

Adjustment of Couples to the Transition to Retirement: The Interplay of Intra- and Interpersonal Emotion Regulation in Daily Life

Background: Retirement is a central transition in late adulthood and requires adjustment. These processes not only affect the retired individuals but also their romantic partners. The aim of this study is to investigate the interplay of intrapersonal emotion regulation (rumination) with interpersonal regulation processes (disclosure quality). Furthermore, the associations of daily retirement-related disclosure with adjustment symptoms in disclosing and the listening partner will be investigated. It is expected that the effects of disclosure alter after providing the couples with a self-applied solitary written disclosure task in order to support their intrapersonal emotion regulation. Methods: In this dyadic online-diary study, 45 couples (N = 45) with one partner perceiving the adjustment to a recent retirement as challenging reported rumination, perceived disclosure quality (repetitive, focused on negative content, hard to follow, disclosing partner open for common/authentic), retirement-related disclosure, and ICD-11 adjustment symptoms preoccupation and failure to adapt were assessed at the end of the day over 14 days. In the middle of this assessment period, couples performed a modified online-expressive writing about their thoughts and feelings regarding the transition to retirement. Results: The double-intercept multilevel Actor-Partner Interdependence Models (APIM) reveal that on days with more daily rumination, the spouse perceived that disclosure of the retiree is more difficult to follow, more negative, and repetitive. In contrast, the retiree perceived less authenticity and openness to comments during disclosure on days when the spouse reports more rumination. Retirement-related disclosure showed no within-couple association with failure to adapt but actor effects on preoccupation. Moreover, a partner effect of disclosure of the retirees on the preoccupation of spouses could be observed. This contagious effect of the retiree disclosure, however, disappeared during the week after writing. Conclusion: Our results support the notion that disclosure processes are altered during maladaptive intrapersonal emotion regulation processes. This in turn seems to lead to less effective interpersonal regulation and contagious spilling over of symptoms. Supporting intrapersonal emotion regulation seems to have the potential to allow more favorable interpersonal regulation processes and to free interpersonal resources for an individual adjustment. This has implications for further planning of support for couples facing life transitions and aging-related changes.

Work histories of older adults in China: Social heterogeneity and the pace of de-standardisation

Inequalities in the labour market are recognised as presenting a major impediment to extending the working lives of older adults in China as part of any proposed reforms of the public pension system against the background of population ageing. While a growing body of literature has paid attention to understanding this issue within the wider international context, there remains a dearth of research on work histories in China. This research which is crucial for the understanding of inequalities in later life. This paper provides a unique evidence on the work experiences over the life course of 7281 Chinese individuals aged 60 and over (born between 1930-1954), using retrospective life history data from the China Health and Retirement Longitudinal Study. With the application of sequence analysis and cluster analysis, results reveal a picture of significant social heterogeneity within work trajectories between urban and rural areas and between men and women. Such differences are largely shaped by the wider economic and institutional context, as well as by key personal characteristics such as educational attainment. More importantly, cohort comparisons highlight how different groups of current Chinese older alduts have been affected by changes in the labour market and the public pension system over the past sixty years. Whilst it is to be expected that younger cohorts amongst today's older population will have experienced some de-standardisation of work trajectories following the opening up of the economy since the 1980s, the heterogeneity in work trajectories across different social groups within and between cohorts is notable. These findings emphasise the importance of ensuring policy design that delivers equitable pension entitlements and supports flexible working patterns in order to reduce inequalities in the labour market between rural and urban residents and between men and women.

The working class and early retirement in Denmark: individual push factors

Previous research finds that members of the working class have a higher risk of early retirement compared to professionals because they are pushed into early retirement. This indicates that not all workers can respond to incentives to extend their working life. Yet, little previous work has been conducted to quantify systematically the extent to which push factors explain why members of the working class have a higher risk of early retirement compared to professionals. Using longitudinal data on Danish workers, the results suggest that members of the working class have an increased risk of early retirement compared to professionals, but poor health, previous spells of unemployment and low job quality mediate a large part of this effect. Among men, the push factors mediate 57 and 86 per cent of the effect of social class on early retirement for skilled manual and unskilled manual workers, respectively. Among women, the push factors mediate 43 and 55 per cent of the effect of social class on early retirement for skilled manual and unskilled manual workers, respectively. Overly physical work demands is the most important mediator, which explains between 23 and 31 per cent of the total effect of belonging to the working class on early retirement. Moreover, the magnitudes of the indirect effects of the push factors depend on the particular pathway into retirement.

Partners' adjustment to older workers' retirement: testing the role of preretirement expectations in a 10-year panel study

Objectives: Retirement is not only an important later-life transition for the retiring individual, but also for his or her life partner. This study aims to improve our understanding of the partner's adjustment to the retirement of the older worker, by paying attention to the multidimensional nature of adjustment, and by examining to what extent preretirement expectations are predictive of postretirement experiences. Well-established adjustment predictors - i.e. preretirement resources and characteristics of the work and retirement context - are also taken into account. Method: Analyses are based on Dutch three-wave multi-actor panel data, collected between 2001 and 2011 among 724 partners of older workers who transitioned into retirement during the course of the study. Results: Only a minority of the partners reported adjustment difficulties to the retirement of the employee. About 20 percent reported at least some financial problems, 8 percent reported relationship problems, and 10 percent reported problems with shared leisure time. Expected problems in all three domains were predictive of experienced problems in the same domain. For expected financial problems, a cross-over effect was observed: expected financial problems were also predictive of experienced adjustment difficulties with regards to shared leisure activities. Conclusion: Not only the older worker, but also the partner develops expectations on different dimensions about the shared postretirement future, and these expectations are related to postretirement experiences. Retirement counseling may therefore not only be relevant for older workers, but also for their partners, and needs to take the multidimensional character of retirement processes into account.

Change in Retirement Plans Among Midlife Couples During an Economic Recession

Objective

Although research has investigated financial planning for retirement, less is known about how adults plan their retirement activities. Even less is known about couples’ congruence and incongruence in retirement activities planning. The authors examined husband and wife reports of retirement plans across a 5-year period that involved a U.S. economic recession.

Method

Using data from 335 midlife couples who participated in the Flourishing Families project, retirement plans were grouped into five categories—family, leisure, volunteer, work, and uncertain. We estimated probit dyadic structural equation models to explore longitudinal predictors of retirement plans.

Results

Results indicated mean differences in retirement plans between husbands and wives, and also across time that might have been influenced by surrounding economics. Wife poor health, number of children, both spouses working, and financial assets were linked with the likelihood of reporting certainty in retirement plans. Greater retirement uncertainty was predicted by lower marital quality, higher financial adjustments, lower education, and ethnic diversity.

Conclusion

Husband and wife reports of retirement plans are not always congruent, and plans in retirement can be affected by large scale changes in the U.S. economy.

For Better or Worse? Couples' Time Together in Encore Adulthood

Objective

This study examined the amount of time married couples share together in a new "encore adult" life course stage around the 50s, 60s, and 70s. Also investigated was the relationship between shared time and experienced well-being for this age group.

Method

Time diary and survey data were used from nationally representative 2003-2014 American Time Use Survey (ATUS) data for 26,303 adults aged 50-79 years. Analyses examined amount of total and exclusive shared couple time and experiences of happiness and stress when together using multivariate models.

Results

Shared time was positively associated with couples living on their own, conjoint employment/nonemployment, and age. Encore women and men reported feeling happier and less stressed when with their spouses. Men seemed to find time with spouses more enjoyable if both partners or just their wives were working.

Discussion

Encore adults are living longer as couples; results suggest couple relationships may occupy most of their days, with potentially positive implications for emotional well-being. Men and women are happier during time with a spouse when the woman works, with men reporting even higher levels of happiness than women. This is important as contemporary couples navigate increasingly complex work/retirement transitions in gendered ways.

Work-Hour Trajectories and Depressive Symptoms among Midlife and Older Married Couples

Life course theories highlight the importance of understanding psychological health of aging individuals in context. Work and marriage are influential contexts in later life that are increasingly relevant because both spouses of many households work and individuals are delaying retirement. Although there is extensive literature on predictors of depressive symptoms, incorporating life course histories of work and social contexts has been a critical omission in the aging and health field. This study identifies couples' work trajectories as a function of husband's and wife's weekly work hours and examines the link between couple work-hour trajectory membership and individual depressive symptoms. Data are from 1641 married couples who participated in the 1998-2012 waves (ages 51-89) of the Health and Retirement Study (HRS). Findings revealed six distinct subgroups of work-hour trajectories among couples and that membership in these subgroups was associated with depressive symptoms. Retiring husbands with wives who continued to work and wives who worked minimally throughout the years (regardless of whether their husbands worked or retired) reported more depressive symptoms than other subgroups. These results suggest that work trajectories themselves, beyond current health status, may carry differential psychological health risk. Moreover, several sociodemographic and life course factors in 1998 were significant predictors of trajectory membership. These findings provide insight into midlife factors that may influence work trajectories (and the potential health risk) through to older adulthood. They suggest that a life course examination of work and social contexts is needed for a greater understanding of individual and couple health development.

Aging women and men in the medical profession: The effect of gender and marital status on successful aging and retirement intent in Australian doctors

Despite increasing interest from the medical profession in aging and retirement, we know little about effects of gender, marital status, and cohort on aging within the profession. We surveyed 1,048 Australian doctors from "younger" (55-64) and "older" (65-89) cohorts, investigating gender and marital effects on perceptions of successful aging, career, and retirement intent. Women intend to retire earlier. Younger cohort and married women more frequently viewed their career as a calling, while women in general, and single women more frequently, endorsed personal successful aging more than men. Broader understanding of the different experiences of aging for men and women doctors is needed.

Prerequisites and driving forces behind an extended working life among older workers

BACKGROUND

Reforms are changing pension systems in many European countries, in order to both restrict early retirement and force people to extend their working life. From occupational therapy and occupational science perspectives, studies focusing on aspects of working life that motivate the older worker is urgent.

AIM

The aim was to describe incentives behind an extended working life among people over age 65.

METHOD

Focus group methodology was used, with participants ages 66-71, from varying work fields: construction and technical companies and the municipal elderly care sector.

FINDINGS

Work was considered important and valuable to the degree of how challenging work was, the possibilities for inclusion in a team of colleagues and the chances for better personal finances. Amongst all, the participants expressed a feeling of a strengthened identity by being challenged and having the opportunity to manage working tasks.

CONCLUSION

The finding showed the actual reasons behind an extended working life among older workers. However, a risk of rising social inequity may appear with increased working life if older people are forced to extend their working life due to a difficult financial situation as a pensioner. A variety of retirement options and initiatives in order to support older workers are justified.

The Gendered Economics of Synchronized Retirement

Women generally receive lower pensions than men, and research on gender and pensions has identified a number of factors underlying this pattern. The present article examines one factor that has largely gone unnoticed—synchronized retirement. In most married couples, the husband is older than his wife, yet many couples prefer to retire together. At the same time, pension systems are increasingly designed to discourage early retirement and reward late retirement. If younger wives and older husbands tend to synchronize their retirement, this may reinforce gendered income inequalities among older persons. Analyses of register data on Swedish married couples provide empirical support for this argument. Comparisons of their pre- and postretirement incomes show that women who synchronized retirement with their husbands had, in relative terms, lower postretirement incomes than other women, whereas men who synchronized had higher postretirement incomes than other men.

Spousal labor market effects from government health insurance: Evidence from a veterans affairs expansion

Measuring the total impact of health insurance receipt on household labor supply is important in an era of increased access to publicly provided and subsidized insurance. Although government expansion of health insurance to older workers leads to direct labor supply reductions for recipients, there may be spillover effects on the labor supply of uncovered spouses. While the most basic model predicts a decrease in overall household work hours, financial incentives such as credit constraints, target income levels, and the need for own health insurance suggest that spousal labor supply might increase. In contrast, complementarities of spousal leisure would predict a decrease in labor supply for both spouses. Utilizing a mid-1990s expansion of health insurance for U.S. veterans, we provide evidence on the effects of public insurance availability on the labor supply of spouses. Using data from the Current Population Survey and Health and Retirement Study, we employ a difference-in-differences strategy to compare the labor market behavior of the wives of older male veterans and non-veterans before and after the VA health benefits expansion. Although husbands' labor supply decreases, wives' labor supply increases, suggesting that financial incentives dominate complementarities of spousal leisure. This effect is strongest for wives with lower education levels and lower levels of household wealth and those who were not previously employed full-time. These findings have implications for government programs such as Medicare and Social Security and the Affordable Care Act.

Spousal age differences and synchronised retirement

Many couples want to retire together even if spouses differ in age. Drawing on theories of leisure complementarity, gender roles and social status, this article uses comprehensive Swedish register data from 2002 to 2010 to explore synchronised retirement and its association with spousal age differences and other socio-demographic factors. Synchronisation rates in dual-earner couples (N = 83,986) were 10 per cent for retirement the same calendar year and 25 per cent for retirement the same or the following year. Contrary to theoretical expectations, synchronisation was more common in women-older couples than in men-older couples, although this was largely a consequence of the skewed distribution of age differences. Moreover, spouses' education, incomes, assets, employment and health were differently associated with synchronisation in same-age, men-older and women-older couples. In the total population, average retirement age differed very little between synchronising couples and other couples. Yet women who synchronised retired at an earlier age than other women, whereas men who synchronised retired later than other men. This was partly an effect of the predominance of men-older couples, but men in men-older couples were also more likely than women in women-older couples to delay retirement in order to synchronise.

The influence of marital status and spousal employment on retirement behavior in Germany and Spain

This article analyzes the impact of marital status and spousal employment on the timing of retirement in Germany and Spain. Retirement behavior is examined by means of event-history models, with a competing risks framework being used to distinguish between voluntary and involuntary work-exit transitions. To take account of the role of social policies, we adopt a comparative approach. Data are drawn from a 2006 special retirement module implemented analogously in national labor force surveys. The results show that spousal labor market participation plays a large role in work-exit transitions, even when retirement is involuntary. This finding questions the widespread belief that coretirement is exclusively due to preference for joint retirement shared among spouses. Moreover, widows and widowers tend to retire prematurely in Germany, whereas no such effect could be found in Spain. This finding is explained by reference to specific economic incentives arising from national pension legislation.

Perceived Financial Retirement Preparedness and Its Correlates

Studies suggest that a large proportion of adults do not manage to save enough for retirement. Correlates of retirement saving behaviors have yet to be fully understood. The goal of this study was to examine perceived financial preparedness for retirement and its correlates. We studied the effect of perceived financial knowledge and involvement, social and institutional support, and attitudes toward retirement in a national sample of 227 non-retired Israeli adults (mean age = 44; 53% female; 81% Jewish). Results indicated that only about 20% perceived themselves as financially prepared for retirement. The main correlates of financial preparedness were financial knowledge and involvement in financial activities. The results show that a large proportion of the Israeli population feel underprepared for retirement. Those who perceive themselves as having high levels of financial knowledge are less predisposed to feel underprepared. Future research should examine the relationship between perceived financial preparedness and actual savings.

Productive and Social Engagement Following Driving Cessation

Drawing on interdependence theory, this study examined the cross-spouse impact of driving cessation on productive (work, formal volunteering, and informal volunteering) and social engagement of older couples aged 65+ using longitudinal data from the Health and Retirement Study (1998–2010; N = 1,457 couples). Multilevel modeling results indicate that driving cessation reduced husbands’ productive and social engagement, and wives’ productive engagement. Spousal driving cessation reduced husbands’ likelihood of working or formal volunteering, and wives’ likelihood of working or informal volunteering. The more time since spousal driving cessation, the less likely husbands were to work and the less likely wives were to formally volunteer. Results suggest the need for greater recognition of the impact of driving cessation on couples, rather than just individuals, as well as the need for enhanced services or rehabilitation efforts to maintain driving even among couples with one remaining driver.

Do Spouses Coordinate Their Work Exits? A Combined Survey and Register Analysis From Norway

Research on spouses’ joint work exits is scarce, although household factors such as spouses’ work status, marital quality, and caregiving burdens are likely to affect seniors’ work engagement. We therefore examine whether the work exit probability of one spouse affects that of the other. Discrete-time hazard regression analyses of survey data linked to later registry information including all gainfully employed married respondents aged 50–74 with a working spouse ( N = 1,764) were used to assess subsequent work exits. A spouse’s work exit is a strong predictor of a respondent’s work exit (hazard ratio 3.1, 95% confidence interval [2.5, 4.0]). Educational attainment, poor marital quality, and spouses’ health and care needs do not predict work exits. Surprisingly, no gender differences are observed. Research on larger survey samples to distinguish different work exit routes and reasons for spouses’ joint work exits appears warranted. To account for cultural and welfare state characteristics, cross-national studies ought to be undertaken.

A Multilevel Dyadic Study of the Impact of Retirement on Self-Rated Health

Objectives:

This study examined the effects of retirement on self-rated health for married couples, using interdependence and social stratification theoretical frameworks.

Method:

Dyadic multilevel modeling of data ( N = 2,213 non-Hispanic couples) from 1992 to 2010 of the Health and Retirement Survey.

Results:

Retirement was associated with worse self-ratings of health (SRH) short term (ST) for both husbands and wives during the first couple of years of retirement. In addition, the longer the husbands (but not wives) were retired, the worse was their SRH. Cross-spouse effects varied by gender: When wives retired, their husbands’ SRH improved ST, but when husbands retired their wives’ SRH improved long term. Spouse education moderated the relationship between years since spouse’s retirement and SRH for wives.

Discussion:

Practitioners can use this information to help married couples through retirement planning and transitions. Results suggest that models of retirement in couples should pay greater attention to gender and other social stratification factors, spousal interdependence, and length of time since retirement.

Limited Engagements? Women's and Men's Work/Volunteer Time in the Encore Life Course Stage

Americans are living healthier and longer lives, but the shifting age distribution is straining existing and projected social welfare protections for older adults (e.g., Social Security, Medicare). One solution is to delay retirement. Another is an alternative to "total leisure" retirement -- an "encore" stage of paid or unpaid engagement coming after career jobs but before infirmities associated with old age. We draw on gendered life-course themes together with data from the American Time Use Survey (2003-2009) to examine the real time American men and women ages 50-75 apportion to paid work and unpaid volunteer work on an average day, as well as factors predicting their time allocations. We find that while full-time employment declines after the 50s, many Americans allot time to more limited engagements - working part time, being self-employed, volunteering, helping out - through and even beyond their 60s. Caring for a child or infirm adult reduces the odds of paid work but not volunteering. While time working for pay declines with age (though more slowly for men than women), time volunteering does not. Older men and women in poor health, without a college degree, with a disability or SSI income are the least likely to be publicly engaged. This social patterning illustrates that while the ideal of an encore of paid or unpaid voluntary, flexible, and meaningful engagement is an emerging reality for some, it appears less attainable for others. This suggests the importance of organizational and public policy innovations offering all Americans a range of encore opportunities.

The Labor of a Lifetime?

Objectives: The structural aging of the population and withdrawal of older people from the labor force have become common themes within Western social policy discourse and have particular relevance to policy development around health and aging. The current study examines whether particular occupation types are associated with both poor health and an increased likelihood of labor force exit. Methods: Longitudinal data are used to examine workforce participation among older Australians (aged between 55 and 64, in 2002). Results: Older workers in trades, labor, and production occupations, the majority of whom are men, have poorer general health than their counterparts in other occupations and are also the most likely to exit the workforce. Discussion: These findings suggest that a number of older men in Australia (and, indeed, elsewhere) may face both poor health and limited employment opportunities in areas that match their abilities and experience. These individuals may experience a number of years out of the labor force, highlighting a role for targeted policies and programs.