Partners’ adjustment to older workers’ retirement: testing the role of preretirement expectations in a 10-year panel study

Figures & data

Table 1. Descriptive statistics (before multiple imputation).

	Mean (or %)	SD
Dependent variables:
Experienced problems - money	1.77	0.88
Experienced problems - relationship	1.54	0.74
Experienced problems - common leisure time	1.65	0.72
Control variables:
Employee gender - female	21%
Age difference between partners	0.72	4.09
Time elapsed since retirement employee	2.55	1.88
Preretirement resources:
Wealth (log)	11.55	1.39
Subjective health employee	4.08	0.82
Subjective health partner	4.17	0.77
Work and retirement context:
Work hours employee	36.89	7.08
Age at retirement employee	59.35	2.75
Voluntary retirement employee	76%
Partner’s situation (ref = not working)
Retired during study period	31%
Not yet retired	25%
Preretirement expectations of partner:
Expected problems - money	2.04	0.96
Expected problems - relationship	1.54	0.71
Expected problems - common leisure time	1.69	0.75

Figure 1. Expected and experienced financial, relationship and leisure problems of partners.

Table 2. Linear regression models of the partner’s adjustment problems to the retirement of the employee, coefficients and standard errors, N = 724.

	Model 1a		Model 1b		Model 2a		Model 2b		Model 3a		Model 3b
	Money		Money		Relationship		Relationship		Leisure		Leisure
Explanatory variables	Coef.	SE	Coef.	SE	Coef.	SE	Coef.	SE	Coef.	SE	Coef.	SE
Control variables:
Employee gender - female^a	−0.05	0.12	−0.04	0.12	−0.23*	0.11	−0.22*	0.11	0.00	0.11	0.03	0.10
Age difference between partners	0.02*	0.01	0.02*	0.01	−0.01	0.01	−0.00	0.01	−0.00	0.01	−0.00	0.01
Time elapsed since retirement	−0.04*	0.02	−0.03#	0.02	−0.01	0.02	−0.01	0.02	−0.02	0.02	−0.03#	0.02
Preretirement resources:
Wealth (log)	−0.09**	0.02	−0.06*	0.02	0.01	0.02	0.01	0.02	0.01	0.02	0.02	0.02
Subjective health employee	−0.11**	0.04	−0.09*	0.04	−0.02	0.03	−0.02	0.03	0.01	0.03	0.01	0.03
Subjective health partner	−0.14**	0.04	−0.10*	0.04	−0.13**	0.04	−0.09*	0.04	−0.15**	0.04	−0.12**	0.04
Work and retirement context:
Work hours employee	−0.01	0.01	−0.01	0.01	−0.01	0.01	−0.01	0.01	−0.00	0.01	−0.00	0.01
Age at retirement employee	−0.04**	0.01	−0.05**	0.01	0.01	0.01	−0.00	0.01	0.01	0.01	0.00	0.01
Voluntary retirement employee^b	−0.25**	0.07	−0.22**	0.07	−0.10	0.07	−0.09	0.06	−0.08	0.06	−0.06	0.06
Partner’s situation (ref = not working)
Retired during study period	−0.01	0.08	−0.02	0.07	0.04	0.07	0.03	0.07	0.05	0.07	0.05	0.07
Not yet retired	0.07	0.09	0.05	0.08	0.14#	0.08	0.11	0.07	0.10	0.07	0.09	0.07
Preretirement expectations of partner:
Expected problems - money			0.29**	0.03			0.05	0.03			0.09**	0.03
Expected problems - relationship			−0.03	0.05			0.20**	0.05			0.05	0.05
Expected problems - common leisure time			0.06	0.05			0.07	0.05			0.14**	0.05
Constant	6.70**	0.91	6.03**	0.87	1.92*	0.79	1.89*	0.77	1.47#	0.78	1.37#	0.76
F	6.12**		10.49**		2.03*		4.59**		2.09*		3.93**

# p < .10,

* p < .05,

** p < .01.

Note: In all models, organization is controlled for by including organizational dummy indicators.

^a Coding: 0 = male, 1 = female.

^b Coding: 0 = retired involuntarily, 1 = retired voluntarily.