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Book Are Gender Differences Emerging in the Retirement Patterns of the Early Boomers

Download or read book Are Gender Differences Emerging in the Retirement Patterns of the Early Boomers written by Kevin E. Cahill and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling for career employment later in life, the retirement patterns of men and women in America have resembled one another for much of the past two decades. Is this relationship coming to an end? Recent research suggests that the retirement patterns of the Early Boomers - those born between 1948 and 1953 - have diverged from those of earlier cohorts. Gender differences appear to be emerging as well in the way that career men and women exit the labor force, after nearly two decades of similarities. This paper explores these gender differences in detail to help determine whether we are witnessing a break in trend or merely a blip in the data. We use data on three cohorts of older Americans from the nationally-representative, longitudinal Health and Retirement Study (HRS) that began in 1992. We explore by gender the types of job transitions that occur later in life and explore, in particular, the role of four potentially relevant determinants: the presence of dependent children; a parent in need of caregiving assistance; occupational status on the career job; and self employment status. We find that, among career men and women, child and parental caregiving are not significant drivers of the retirement transitions of the Early Boomers, all else equal. Gender differences that may exist with respect to these characteristics are therefore unlikely to lead to persistent gender differences in retirement patterns. In contrast, self employment continues to be a statistically significant determinant of bridge job transitions and phased retirement. This finding, combined with the fact that men are much more likely than women to be self employed later in life, could lead to some differences by gender going forward, though the impact is likely to be limited given that the large majority of older workers are in wage-and-salary employment. Older Americans - both men and women - are responding to their economic environment by working later in life and exiting the labor force gradually. While some determinants of these decisions likely impact men and women differently, gender differences with respect to the retirement patterns of the Early Boomers appear to be the result of broader macroeconomic forces. The evidence to date suggests that gender differences may dissipate as the recovery ensues.

Book Redefining Retirement

Download or read book Redefining Retirement written by Brigitte Madrian and published by Oxford University Press, USA. This book was released on 2007-07-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers readers an invaluable study of Boomers as they march into retirement.

Book Cross cohort Differences in Health on the Verge of Retirement

Download or read book Cross cohort Differences in Health on the Verge of Retirement written by Beth J. Soldo and published by . This book was released on 2007 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Baby Boomers have left a unique imprint on US culture and society in the last 60 years, and it might be anticipated that they will also put their own stamp on retirement, the last phase of the life cycle. Yet because Boomers have not all fully retired, we cannot yet judge how they will fare as retirees. Instead, we focus on how this group compares with prior groups on the verge of retirement, that is, at ages 51-56. Accordingly, this chapter evaluates the stock of health which Early Boomers bring to retirement and compare these to the circumstances of two prior cohorts at the same point in their life cycles. Using three sets of responses from the Health and Retirement Study, we find some interesting patterns. Overall, the raw evidence indicates that Boomers on the verge of retirement are in poorer health their counterparts 12 years ago. Using a summary health index designed for this study, we find that those born 1948 to 1953 share health risks with the War Baby cohort. This suggests that most of the health decline instead began before the late 1940's. A more complex set of health conclusions emerges from the specific self-reported health measures. Boomers indicate they have relatively more difficulty with a range of everyday physical tasks, but they also report having more pain, more chronic conditions, more drinking and psychiatric problems, than their HRS earlier counterparts. This trend portends poorly for the future health of Boomers as they age and incur increasing costs associated with health care and medications. Using our health index, only those at the 75th percentile or higher are likely to be characterized as having good or better health

Book Retirement Patterns and the Macroeconomy  1992 2010

Download or read book Retirement Patterns and the Macroeconomy 1992 2010 written by Kevin E. Cahill and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose of the Study: Older Americans contemplating retirement today face a very different economic environment than prior cohorts did. This article examines whether the retirement patterns of older Americans have changed as a result. Design and Methods: Using data from 10 waves of the Health and Retirement Study (HRS), we examine the prevalence of bridge jobs, phased retirement, and labor market reentry among 3 recent cohorts of older Americans, from 1992 through 2010. Determinants of retirement transitions are examined using bivariate comparisons and multivariate logistic and multinomial logistic regression models. Results: We find that traditional one-time, permanent exits from the labor force continue to be the exception rather than the rule and that the retirement patterns of the Early Boomers, those on the cusp of retirement during the recent Great Recession, appear to be diverging from those of earlier cohorts. The Early Boomer women, in particular, were more likely than those in previous cohorts, the HRS Core and the HRS War Babies, to move to a bridge job prior to exiting the labor force completely and both Early Boomer men and women were more likely to leave their career jobs involuntarily, with layoffs being a key factor. Implications: The “do-it-yourself” approach to retirement planning -- with individuals managing a large portion of their retirement finances -- is now common among older Americans. This change in the retirement environment, combined with a significant and persistent cyclical downturn, may have long-lasting effects and suggests that the concept of retirement in the United States will continue to evolve.

Book Retirement Patterns of the Early and Middle Baby Boomers

Download or read book Retirement Patterns of the Early and Middle Baby Boomers written by Kevin E. Cahill and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Aging and the Macroeconomy

Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.

Book Growing Older in America

Download or read book Growing Older in America written by and published by . This book was released on 2007 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Gender  Social Inequalities  and Aging

Download or read book Gender Social Inequalities and Aging written by Toni M. Calasanti and published by AltaMira Press. This book was released on 2001-08-28 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experience of men and women in later life varies enormously, not only along lines of gender but also due to ethnicity, class, sexual orientation, and race. In this text on gender issues among the aging, Calasanti and Slevin explore these differences, their genesis, their meaning to men and women, and their treatment in the policy arena. The authors also take to task traditional research on aging and how it ignores these issues. The authors cover topics of work and retirement, body image, sexuality, health, family relationships, and informal care, among many others. The current research and nuanced theoretical approach presented in this brief book makes it the ideal text to correct the stereotypic and monolithic views of the elderly for courses in gender or aging.

Book Women Working Longer

Download or read book Women Working Longer written by Claudia Goldin and published by University of Chicago Press. This book was released on 2018-04-19 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this so? Today’s older American women work full-time jobs at greater rates than women in other developed countries. In Women Working Longer, editors Claudia Goldin and Lawrence F. Katz assemble new research that presents fresh insights on the phenomenon of working longer. Their findings suggest that education and work experience earlier in life are connected to women’s later-in-life work. Other contributors to the volume investigate additional factors that may play a role in late-life labor supply, such as marital disruption, household finances, and access to retirement benefits. A pioneering study of recent trends in older women’s labor force participation, this collection offers insights valuable to a wide array of social scientists, employers, and policy makers.

Book Families and Retirement

Download or read book Families and Retirement written by Maximiliane Szinovacz and published by SAGE Publications. This book was released on 1992-03-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the long term effects of retirement on family relationships? Do personality characteristics or attitudes of one spouse impinge on the other spouse′s retirement plans and adjustment? What differences exist in the ways males and females adapt to retirement? Leading researchers in the fields of family studies and gerontology present enlightening information on the impact of retirement on family relations. Original essays focus on gender and ethnic differences, the role of children, siblings, and significant others, and the multiple changes retirement creates in marriage. In addition, a variety of theoretical models, existing research, and methodological problems in studying retired families are explored. Families and Retirement is essential reading for graduate students, researchers, and professionals in gerontology, sociology, social work, family psychology, and policy studies. "This is a well-written book. The editors have done a great job in selecting chapter authors whose research is important and directly related to the focus of the book. . . . The book will be an excellent text for sociology classes focusing mainly on retirement. It will also serve well as a supplemental text in gerontology, family studies, economics, and other college and university courses wherein retirement is studied." --Journal of Marriage and the Family "Just when it seems too complex a task to produce a text that addresses retirement from the perspective of the family, a new work appears that does just that. . . . The editors have successfully expanded [the] traditional concern with the individual by choosing studies showing relationships and issues on aspects of retirement and family." --Family Relations

Book The American People

    Book Details:
  • Author : Reynolds Farley
  • Publisher : Russell Sage Foundation
  • Release : 2005-09-08
  • ISBN : 1610442008
  • Pages : 476 pages

Download or read book The American People written by Reynolds Farley and published by Russell Sage Foundation. This book was released on 2005-09-08 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than 200 years, America has turned to the decennial census to answer questions about itself. More than a mere head count, the census is the authoritative source of information on where people live, the types of families they establish, how they identify themselves, the jobs they hold, and much more. The latest census, taken at the cusp of the new millennium, gathered more information than ever before about Americans and their lifestyles. The American People, edited by respected demographers Reynolds Farley and John Haaga, provides a snapshot of those findings that is at once analytically rich and accessible to readers at all levels. The American People addresses important questions about national life that census data are uniquely able to answer. Mary Elizabeth Hughes and Angela O'Rand compare the educational attainment, economic achievement, and family arrangements of the baby boom cohort with those of preceding generations. David Cotter, Joan Hermsen, and Reeve Vanneman find that, unlike progress made in previous decades, the 1990s were a time of stability—and possibly even retrenchment—with regard to gender equality. Sonya Tafoya, Hans Johnson, and Laura Hill examine a new development for the census in 2000: the decision to allow people to identify themselves by more than one race. They discuss how people form multiracial identities and dissect the racial and ethnic composition of the roughly seven million Americans who chose more than one racial classification. Former Census Bureau director Kenneth Prewitt discusses the importance of the census to democratic fairness and government efficiency, and notes how the high stakes accompanying the census count (especially the allocation of Congressional seats and federal funds) have made the census a lightening rod for criticism from politicians. The census has come a long way since 1790, when U.S. Marshals setout on horseback to count the population. Today, it holds a wealth of information about who we are, where we live, what we do, and how much we have changed. The American People provides a rich, detailed examination of the trends that shape our lives and paints a comprehensive portrait of the country we live in today. A Volume in the Russell Sage Foundation Census Series

Book The Oxford Handbook of Pensions and Retirement Income

Download or read book The Oxford Handbook of Pensions and Retirement Income written by Gordon L. Clark and published by Oxford University Press, USA. This book was released on 2006-07-20 with total page 954 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook draws on research from a range of academic disciplines to reflect on the implications for provisions of pension and retirement income of demographic ageing. it reviews the latest research, policy related tools, analytical methods and techniques and major theoretical frameworks.

Book Bridge Employment

Download or read book Bridge Employment written by Carlos-María Alcover and published by Routledge. This book was released on 2014-04-16 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the long-term trend toward earlier retirement slowing, and the majority of older workers remaining in employment up to and beyond statutory retirement age, it is increasingly important that we understand how to react to these changes. Bridge employment patterns and activities have changed greatly over the past decade, yet there is little information about the benefits of the various different forms this can take, both for employees and employers. This comparative international collection provides the first comprehensive summary of the literature on bridge employment, bringing together experiences from Europe, the United States, Canada, Australia and Japan. It identifies the opportunities, barriers and gaps in knowledge and practice, whilst offering recommendations on how organisations and individuals can cope with future challenges in aging and work. Written by international experts in the field, each chapter also makes substantive and contextualized suggestions for public policy and organizational decision-makers, providing them with a roadmap to implement and integrate bridge employment into policies and practices designed to prolong working life - a priority for workers, organizations and societies in the coming decades. This unique research handbook will be useful to a wide range of readers with an interest in the new concept of bridge employment and the extension of working life, and of interest to researchers and practitioners in organizational behavior, labor market analysis, human resource management, career development/counselling, occupational health, social economy and public policy administration

Book Positive Aging and Precarity

Download or read book Positive Aging and Precarity written by Irina Catrinel Crăciun and published by Springer. This book was released on 2019-05-10 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores positive aging through the lens of precarity, aiming to ground positive aging theories in current social contexts. In recent years, research on aging has been branded by growing disagreements between supporters of the successful aging model and critical gerontologists who highlight the widening inequalities, disadvantages and precarity that characterize old age. This book comes to fill a gap in knowledge by offering an alternative view on positive aging, informed by precarity and its impact on projections concerning aging. The first part of the book places aging in broader theoretical and empirical context, exploring the complex links between views on aging, successful aging theories, policy and social reality. The second part uses results from a qualitative research conducted in Germany to illustrate the dissonance between successful aging ideals and both negative and positive views on aging as well as aging preparation strategies inspired by precarity. Findings from this section provide a solid starting point for comparisons with countries that are both similar and different from Germany in terms of welfare regimes and aging policies. The final part of the book discusses the psychological implications of these findings within and beyond the German case study and outlines potential solutions for practice. This book provides health psychologists, gerontologists, sociologists, social workers, health professionals as well as students and aging individuals themselves with better understanding of the meaning of aging in precarious times and builds confidence about aging well despite precarity.

Book Gender Inequality at Work

Download or read book Gender Inequality at Work written by Jerry A. Jacobs and published by SAGE Publications, Incorporated. This book was released on 1995 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises 14 papers on earnings inequality between men and women, earnings among women managers, career processes and trends, and occupational resegregation. Includes papers on women's increasing presence in academic sociology, computer work and public school teaching.

Book Fiscal Therapy

Download or read book Fiscal Therapy written by William G. Gale and published by Oxford University Press. This book was released on 2019-03-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren. Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations. We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best.

Book Leisure Programming for Baby Boomers

Download or read book Leisure Programming for Baby Boomers written by Lynda Jeanine Cochran and published by Human Kinetics. This book was released on 2009 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title shows leisure industry professionals how to attract the emerging and lucrative 'Baby Boomer' market by using evidence based research to understand the 'Boomer' generation's leisure values, interests and needs. It contains staff training strategies, marketing strategies and a guide to developing successful 'Boomer' programmes.