Search Results
Author: Wong, Jen D.
Resulting in 2 citations.
| 1. |
Wong, Jen D. |
|
Women's Retirement Expectations: A Longitudinal Study of a Transitional Cohort in the U.S. Presented: New York, NY, Population Association of America Annual Meetings, March 29-31, 2007. Also: http://paa2007.princeton.edu/abstractViewer.aspx?submissionId=70851 Cohort(s): Mature Women Publisher: Population Association of America Keyword(s): Income Level; Modeling, Mixed Effects; Retirement/Retirement Planning; Women Permission to reprint the abstract has not been received from the publisher. Using the National Longitudinal Survey of Mature Women, we report between- and within-person differences in expected retirement age among women in a transitional cohort. Retirement includes a period of planning and anticipation and can be adjusted in the wake of salient events that occur at the individual, couple, or macro-level. Longitudinal expectations data from a seven-year span are analyzed to assess how expectations changed over time and are structured by demographic and status characteristics. Expectation trajectories were classified jointly on the basis of their specificity and consistency. Linear mixed models were used to examine the effects of demographic and status characteristics on age-specific retirement expectations. Eligibility for defined benefit pensions was associated with more specific retirement expectations. Higher income married women with more work seniority were more likely than their counterparts to expect an earlier retirement age. Implications of demographic and status based characteristics for retirement planning behavior are discussed. |
|
|
Bibliography Citation
Wong, Jen D. "Women's Retirement Expectations: A Longitudinal Study of a Transitional Cohort in the U.S." Presented: New York, NY, Population Association of America Annual Meetings, March 29-31, 2007. |
| 2. |
Wong, Jen D. Hardy, Melissa A. |
|
Women's Retirement Expectations: How Stable Are They? Journals of Gerontology: Series B: Psychological Sciences and Social Sciences 64B,1 (January 2009): 77-86. Also: http://psychsocgerontology.oxfordjournals.org/content/64B/1.toc Cohort(s): Mature Women Publisher: Gerontological Society of America Keyword(s): Age and Ageing; Demography; Gerontology; Heterogeneity; Income Level; Modeling, Mixed Effects; Retirement/Retirement Planning; Women; Women's Studies OBJECTIVE: Using the National Longitudinal Survey of Mature Women, we examine between- and within-person differences in expected retirement age as a key element of the retirement planning process. The expectation typologies of 1,626 women born between 1923 and 1937 were classified jointly on the basis of specificity and consistency. METHODS: Latent class analysis was used to determine retirement expectation patterns over a 7-year span. Multinomial logistic regression analyses were employed to estimate the effects of demographic and status characteristics on the likelihood of reporting 4 distinct longitudinal patterns of retirement expectations. RESULTS: Substantial heterogeneity in reports of expected retirement age between and within individuals over the 7-year span was found. Demographic and status characteristics, specifically age, race, marital status, job tenure, and recent job change, sorted respondents into different retirement expectation patterns. CONCLUSIONS: The frequent within-person fluctuations and substantial between-person heterogeneity in retirement expectations indicate uncertainty and variability in both expectations and process of expectation formation. Variability in respondents' reports suggests that studying retirement expectations at multiple time points better captures the dynamics of preretirement planning. |
|
|
Bibliography Citation
Wong, Jen D. and Melissa A. Hardy. "Women's Retirement Expectations: How Stable Are They?" Journals of Gerontology: Series B: Psychological Sciences and Social Sciences 64B,1 (January 2009): 77-86.
|