Workers often say they want to retire gradually. As retirement is a sharp break with life as they know it, it's not surprising that many prefer to negotiate the transition a step at a time. Many policymakers also view gradual retirement favorably. They see it as a way to extend careers, shorten...

This study explores the factors that affect an individual's happiness while transitioning into retirement. Recent studies find that workers often view the idea of gradual retirement as a more attractive alternative than a "cold turkey" or abrupt retirement. However, there is very little evidence...

This study explores the factors that affect an individual's happiness while transitioning into retirement. Recent studies highlight gradual retirement as an attractive option to older workers as they approach full retirement. However, it is not clear whether phasing or cold turkey makes for a...

El interés en medir la felicidad es compartido por muchas autoridades, académicos y profesionales comprometidos con mejorar el bienestar no monetario de las personas. Organismos internacionales como la OCDE y la ONU apoyan oficialmente la implementación de mediciones de felicidad y bienestar...

Much literature debates whether transitions to retirement lead to increased or reduced well-being. We attribute this controversy to the lack of theorizing on life course transitions and argue that the effects of such transitions depend on their characteristics such as speed (gradual/abrupt),...

This article explores the relationship between the timing of retirement and subjective well-being change following that transition. Using longitudinal data from the Health and Retirement Study (HRS), we test four theory-based hypotheses about this relationship – that retirements maximize...

This study assesses the influence of the Chilean old-age pension model on the life satisfaction of older adults across the world. Numerous countries have implemented similar old-age pension reforms, combining individualization of risk through pension privatization and redistribution of resources...

Although the negative association between unemployment and life satisfaction is well documented, much theoretical and empirical controversy surrounds the question of how unemployment actually shapes life satisfaction. Previous studies suggest that unemployment may endanger subjective well-being...

Financing retirement is one of the major challenges facing an aging U.S. population. If individuals continue to retire in their early 60s, many will be hard pressed to maintain an adequate standard of living throughout retirement due to the declining role of Social Security, the shift to 401(k)...

Since approximately four decades ago, after diverse branches of knowledge such as psychology and sociology emerged, subjective wellbeing has been an object of study. However, it is until recent years that researches related to this topic have had a global boom because they contribute to measure...