The Impact of Retirement on Health in Canada

Abstract

This study estimates the impact of retirement on subsequent health outcomes as measured by self-reported health status. The empirical study is based on seven longitudinal waves of the Canadian National Population Health Survey, spanning 1994 through 2006. To account for biases due to unobserved individual-specific heterogeneity, this study uses a fixed-effects method. The results indicate that retirement has a positive but insignificant impact on self-reported health status. The study further examined this issue using different subgroups based on gender and income and again found that retirement has no significant impact on health status.