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Tag: Retirement & Workforce Aging

How Levels of Engagement in Work, Volunteering & Caregiving Affect Well-Being

A recent study in The Gerontologist examined how psychological well-being is impacted by different types of engagement in productive activities, such as paid work, family caregiving, and volunteering. The study looked at this relationship for 330 adults in both middle and late life (ages 50 to 83, with an average age of 62), and examined what levels of engagement were associated with...

Does How You Retire Affect Your Satisfaction with Life?

There are a number of routes to retirement, both voluntary and involuntary, and involuntary retirement can be for either organizational or health reasons. Recently, researchers in Denmark examined the relationship between different types of retirement and retirees’ satisfaction with life. In their study of workers in Dutch multinational corporations and the Dutch government, they...

The “New” American Family: Implications for Retirement, Finances, and Future Care

What was once considered the “traditional” American family consisting of a married couple with children is no longer the norm. According to the 2010 Census, there is no longer a significant majority (defined as at least one-third) of households that stand out. In fact, married couples with no children make up more than 28% of American households followed by single households (27%)...

Best Cities for Successful Aging

In an effort to improve the lives of aging Americans, the Milken Institute has assembled a listing of the Best Cities in America for successful aging.  Milken Institute created a Best Cities for Successful AgingTM index to measure, compare and rank the performance of over 350 U.S. metropolitan areas in their promotion of successful aging practices. Unlike many rankings that are based...

Health & Financial Literacy: Important Foundations for Decision-Making

Researchers at the Rush University Medical Center examined the influence of health and financial literacy on decision-making ability among community-dwelling older adults without dementia. Their findings indicate that health and financial literacy, which can vary tremendously across individuals, is important to make good health care and financial choices. Although it may seem like...

Positive and Negative Perceptions of Older Workers

As a growing number of older adults find themselves looking for work, it is important to understand how older adults are viewed and treated in the workplace. Despite age discrimination laws, misperceptions regarding aging and older adults in general persist. A recent meta-analysis (Bal et. al., 2011) presents the last few decades of research on the perceptions of older workers, and...

Employment and Aging: Using Large Scale Data To Ask, “Who Works?”

The so-called Great Recession has changed how Americans view work, and not just due to our 10% unemployment rate. Attacks on social security and pensions, the disappearing social safety net, and the need for many older adults to support younger family members (at a life stage when both had perhaps once expected that support would flow in the opposite direction) has delayed or ended...

Why Older Workers are Struggling to Find Work

Researchers at Sloan Center on Aging and Work at Boston College recently released a research brief outlining the employment challenges faced by adults 55 years old and older. The researchers were primarily interested in whether job search strategies differed between younger and older workers and how different the impact of the recession was on older versus younger workers.  The most...

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