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Redefining RetirementHow Will Boomers Fare?$
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Brigitte Madrian, Olivia S. Mitchell, and Beth J. Soldo

Print publication date: 2007

Print ISBN-13: 9780199230778

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199230778.001.0001

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Cross‐Cohort Differences in Health on the Verge of Retirement

Cross‐Cohort Differences in Health on the Verge of Retirement

(p.138) Chapter 7 Cross‐Cohort Differences in Health on the Verge of Retirement
Redefining Retirement

Joyce Manchester

David Weaver

Kevin Whitman

Oxford University Press

This chapter focuses on how Baby Boomers compare to prior groups on the verge of retirement. Specifically, it evaluates the stock of health which Early Boomers bring to retirement and compares it to two prior cohorts at the same point in their life cycles. In the Health and Retirement Study, it appears that Boomers on the verge of retirement are in poorer health than their counterparts a dozen years ago. Boomers indicate they have relatively more difficulty with everyday physical tasks in addition to having more pain, more chronic conditions, more drinking and psychiatric problems, than their HRS earlier counterparts.

Keywords:   Baby Boomer, health stock, pain, drinking, psychiatric problems, retirement, life cycle, health risk, physical difficulty, chronic conditions

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