How does the transition to retirement affect female subjective wellbeing? The major theoretical perspectives that have been applied as frameworks to study the heterogeneous adjustment to retirement include role theory and continuity theory. They have often been integrated with a lifecourse approach, which allows us to study retirement as a transition set inside a lifelong process. In this paper, I assess how working life courses are related to changes in subjective wellbeing before and after retirement, using data from the Survey of Health, Ageing and Retirement in Europe (SHARE) and concentrating on women. Firstly, I conduct sequence analysis and cluster analysis to identify groups of typical working lifecourses from ages 20 to 50. Secondly, regression models estimate how retirement transition is associated with changes in life satisfaction, according to the different working trajectories. The results show that some of the trajectories, constituted of discontinuity or part-time periods, exhibit a continuous increase in life satisfaction, passing from employment (or unemployment) to retirement. For other trajectories, such as the full-time one, retirement seems not to have implications for subjective wellbeing.

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This paper investigates the association between accumulated experiences in the working and parenting spheres and retirement timing among Spanish women, utilizing data from the Survey of Health, Ageing and Retirement in Europe (SHARE). The study examines whether labor market attachment or cumulative disadvantage characterizes women’s retirement and how these factors relate with the number of children. Firstly, multichannel sequence analysis and cluster analysis were employed to identify distinct work–family life courses from ages 20 to 50. Seven clusters were identified: “Full-time work with 2+ children,” “Out of the labour force and 2+ children,” “Mid-life discontinuity and 2+ children,” “Full-time work and 1 child,” “Full-time work and childless,” “Part-time work and 2+ children,” and “Part-time work or out of the labor force and 1 child.” Secondly, the study examines the association between these identified groups and retirement timing. The results indicate that Spanish women who have experienced more unstable careers characterized by extended periods of inactivity or part-time work, particularly in combination with having 2 or more children, are more likely to retire at a later age compared with women with continuous careers, with or without children. These findings underscore the ongoing challenges of balancing unpaid care work and wage work in Spain, while also revealing notable variations among women.