Study suggests retirement more complex transition


Relaxing is easy. Retirement is hard, especially for working couples.


In one of the first studies to look at how working married couples retire, evidence has emerged to suggest there are other elements to consider in retirement aside from collecting security checks.


The main aspect from the research, done by Case Western Reserve University, suggested that when married couples retire, they do so as a couple and take into consideration their spouse's situation.


Study suggests retirement more complex transition


"It's no longer the reality that retirement is a straight path from working to retiring for many people," said Angela Curl, the lead author of the study and a Case Western Reserve graduate.


One specific example stated women were more likely to retire to care for a sick family member and may need advice during the transitional process.


Most of the other retirement studies only looked at individuals. This new one, comprised of 1,118 married couples, is one of the longest to look at married couples and specifically at women.


Studies into retirement are becoming increasingly important as the baby boomers generation is slated to turn 65 in 2011.


© Copyright

Categories: