Results of a study conducted through Georgia State University in 2008
Results indicate that complete retirement leads to a 5 – 16% increase in difficulties associated with mobility and daily activities, a 5 – 6% increase in illness conditions and a 6 – 9% decline in mental health. The adverse effects are mitigated if the individual is married, has social support, continues to engage in physical activity post retirement and continues to work part-time after retirement
Retiring at a later age may lessen or postphone poor health, raise well-being and reduce use of health care services. The adverse effects of involuntary retirement are greater than voluntary retirement.