Type of Content: Research

Subtype: Journal Article

Resource Title: Change in Retirement Plans Among Midlife Couples During an Economic Recession

Publication Title: The Journals of Gerontology: Social Sciences

Publish Date: June 4, 2019: 75 (4): 827–836

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.

Change in Retirement Plans Among Midlife Couples During an Economic Recession

Resource URL: https://bit.ly/3d63jQU