Approaching Retirement After a Working Life in Poverty

Swain, Jon; Carpentieri, JD; Parsons, Samantha; Goodman, Alissa

doi:10.1007/s12062-020-09314-2

Cited by 4 publications

(4 citation statements)

References 48 publications

(49 reference statements)

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“…If older workers are taking up care-giving despite wanting more work, it could impose threats to the labour force and individuals’ financial security. A reduction in work hours in the years leading up to traditional retirement age can impact post-retirement quality of life (Swain et al , 2020).…”

Section: Discussionmentioning

confidence: 99%

Becoming an informal care-giver: the role of work status incongruence

Koreshi

Alpass

2022

Ageing and Society

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The ageing of the workforce suggests that many older adults will be combining work and care. While there is extensive evidence for the impact of informal care-giving on paid employment, there is less research on how work status may influence the provision of informal care. It has also yet to be established whether work preferences may influence the uptake of care-giving responsibilities, particularly for older workers. We investigated the impact of work status congruence on taking up informal care at two-year follow-up. A sample of 1,211 employed participants aged 55–70 years was surveyed over two consecutive waves. Involuntary part-time workers were more likely to provide care at Time 1 than involuntary full-timers, voluntary part-timers and voluntary full-timers. Participants were more likely to take up care if the opportunity costs of doing so were low, however, only for those whose preferences for more work were not met. There were no moderating effects of gender and economic living standards on the relationship between work status incongruence and provision of care-giving. Understanding the decision-making processes older workers undertake when taking up informal care are complex and must consider the influence of personal work preferences. These findings have implications for care and work-based policy given the importance of informal care in sustaining ageing-in-place policies.

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Section: Discussionmentioning

confidence: 99%

Becoming an informal care-giver: the role of work status incongruence

Koreshi

Alpass

2022

Ageing and Society

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“…The well-being factor of older people is considered to be a motivating factor (Lakomy, 2019;Axelrad et al, 2020) of using the employment potential of older people. What most often threatens the level of well-being is the financial income of older people (Fonseca et al, 2014;Pienkowska-Kamieniecka, 2018;Swain et al, 2020;Hoeyberghs et al, 2020;Lu et al, 2021;Wolfe & Patel, 2021), housing financing (Costa-Font, 2013;Riedy et al, 2019;Alidoust & Khalaj, 2021), financial exclusion (Potyrańska & Hajduk-Stelmachowicz, 2019) or the availability of quality food (Radermacher et al, 2010;Knight et al, 2020;Gajda & Jezewska--Zychowicz, 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

Employment Potential Index of Older People in the European Union

Bartek¹

2022

ZNPCZ

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The aging of the population in Europe brings an increase in the group of people 65+, which is important to reflect on not only from the perspective of state governance in developing strategies and finding solutions to aging-related phenomena such as the growing economic dependence of older people, but it is also necessary to pay attention to this in terms of the theory and practice of human resources and age management within using the employment potential of older people in the labor market. The article focuses on the employment potential index of older people (EPIOP) and on the characterization of the factors which were used to create EPIOP and subsequently to monitor its development in the European Union (EU 28) during the years 2008-2018. The data were obtained from Eurostat and UNECE databases. The findings indicate that the indices of the individual countries had a predominantly increasing trend and converged with the EU 28 average, and none of the countries monitored in the index fell below the base year 2008 throughout the period under review. Latvia (23%), Bulgaria (23%) and Cyprus (19%) had significantly higher growth rates compared to the base year. The lowest EPIOP grew in Germany, the Netherlands, France, Denmark, Slovenia and the Czech Republic. The EU 28 average had a maximum growth rate of 9%.

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“…The dimension of quality of life is the subject of research on active aging, where one of the factors is the well-being of older people, which is threatened by decline and poverty in retirement age (Fonseca, et al 2014;Swain, et al 2020;Lu, et al 2021), lack of quality food (Gajda & Jezewska-Zychowicz 2021;Radermacher, et al 2010;Knight, et al 2020), worsened housing affordability (Riedy, et al 2019;Alidoust & Khalaj 2021;Costa-Font 2013), lower savings on old age (Pienkowska-Kamieniecka 2018). Financial security is the second most important after health (Hackert, et al 2019), anxiety and insecurity about financial security has been expressed by older people with medium economic resources (Mansvelt, et al 2014), while financial literacy reduces financial security uncertainty (Kadoya, et al 2018).…”

Section: Introductionmentioning

confidence: 99%

Well-Being and Employment of Older People in The Countries of the Visegrad Group and the European Union

2022

Vadyba

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Population aging brings phenomena and challenges for which adequate strategies and solutions are sought. One of the challenges is to use the employment potential of older people in the labor market by extending their working lives in retirement age. The motives of older people who opt for active aging by continuing their working lives are diverse. Increasing well-being through employment at retirement age can be a logical step for older people who want to protect themselves against a drop in their standard of living or raise it. The article is focused on the comparison of employment and well-being of older people aged 65 and over development in the Visegrad Group countries (V4 includes Czech Republic, Hungary, Poland, Slovakia) and the European Union. The data for the employment category come from the Eurostat database and a well-being index is created to detect the development of the well-being index level, in which data from the UNECE Active Aging Index database are used. Both categories are monitored for the periods 2008, 2010, 2012, 2014, 2016 and 2018. The methods used are literature analysis, induction, deduction and comparison by regions, the whole cohort of older people aged 65 and over and gender. It is found that the employment of older people aged 65 and over has a growing trend in all regions throughout the period under review. The development of the well-being index in the countries of the Visegrad Group and the European Union in the period under review has a predominantly increasing trend, but after 2016 there has been a general decline. There is a decrease in the well-being index for older people aged 65 and over after 2014, also by sex for males after 2012 and for females after 2016 in the Czech Republic which is caused by decline of the indicators relative median income and no poverty risk. The phenomenon that has emerged in Slovakia is exceptional in that the employment of females aged 65 and over fluctuated around the level of 3% in the observed period, but it is in this category that the highest increase of the well-being index of all countries and sex in 2016 by 9% is recorded what was caused by increase of the indicators relative median income and no severe material deprivation.

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Approaching Retirement After a Working Life in Poverty

Cited by 4 publications

References 48 publications

Becoming an informal care-giver: the role of work status incongruence

Becoming an informal care-giver: the role of work status incongruence

Employment Potential Index of Older People in the European Union

Well-Being and Employment of Older People in The Countries of the Visegrad Group and the European Union

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