A Longitudinal Study of Work After Retirement

Author:

Bennett Misty M.1,Beehr Terry A.2,Lepisto Lawrence R.3

Affiliation:

1. Department of Management, Mount Pleasant, MI, USA

2. Department of Psychology, Mount Pleasant, MI, USA

3. Department of Marketing and Hospitality Services, Central Michigan University, Mount Pleasant, MI, USA

Abstract

Older employees are increasingly accepting bridge employment, which occurs when older workers take employment for pay after they retire from their main career. This study examined predictors of workers’ decisions to engage in bridge employment versus full retirement and career employment. A national sample of 482 older people in the United States was surveyed regarding various work-related and nonwork related predictors of retirement decisions, and their retirement status was measured 5 years later. In bivariate analyses, both work-related variables (career goal achievement and experienced pressure to retire) and nonwork-related variables (psychological distress and traditional gender role orientation) predicted taking bridge employment, but in multinomial logistic regression, only nonwork variables had unique effects. Few predictors differentiated the bridge employed and fully retired groups. Nonwork variables were salient in making the decision to retire, and bridge employment may be conceptually more similar to full retirement than to career employment.

Publisher

SAGE Publications

Subject

Geriatrics and Gerontology,Developmental and Educational Psychology,Ageing

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