Involuntary delayed retirement and mental health of older adults

Aging Ment Health. 2024 Jan-Feb;28(1):169-177. doi: 10.1080/13607863.2023.2230927. Epub 2023 Jul 5.

Abstract

Objective: This study examined the association of multiple mental health measures with involuntary delayed retirement (IDR) in working older adults (≥ 65 years) in the USA.

Methods: Data were derived from the Health and Retirement Study, focusing on two combined waves of working older adults in 2010 and 2012. IDR was measured as the desire to stop working but the inability to do so due to financial constraints. In addition, mental health outcomes included depression, anxiety, anger-in, and anger-out. Using Stata 16.0, primary analyses were conducted for descriptive statistics and multivariable logistic regression. The odds ratios were reported with 95% confidence intervals (CIs).

Results: Older adults who reported IDR were more likely to have depression (OR = 3.20, CI = 1.03-9.88), anxiety (OR = 2.12, CI = 1.00-5.18), and anger-in (OR = 1.71, CI = 1.12-2.60) compared to those who did not report IDR. However, IDR was not significantly associated with anger-out in older adults who worked past the traditional retirement age.

Conclusion: The findings suggest that IDR is likely to act as a stressor and affects the mental health of older adults aged 65 and more. Policymakers should pay more attention to helping older adults maintain positive mental health even if they are required to work past retirement age.

Keywords: Mental health; great recession; involuntary delayed retirement; older adults.

MeSH terms

  • Aged
  • Anger
  • Anxiety / epidemiology
  • Anxiety Disorders
  • Humans
  • Mental Health*
  • Retirement*