How do older workers use nontraditional jobs?

Alicia Munnell, Geoffrey Sanzenbacher and Abigail N. Walters

Journal of Pension Economics and Finance, 2021, vol. 20, issue 3, 374-392

Abstract: Working consistently through one's early 60s is key to retirement security. However, workers without access to retirement plans and health insurance will likely struggle to achieve such security. This paper uses the Health and Retirement Study to identify nontraditional jobs – which lack these benefits – and applies sequence analysis to explore how workers aged 50–62 use them. The results suggest that most nontraditional jobs are used by workers consistently, and that fewer workers use these jobs briefly or as a bridge to retirement. Workers consistently in nontraditional jobs end up with less retirement income and are more likely to be depressed.

Date: 2021
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Chapter: How Do Older Workers Use Nontraditional Jobs? (2019)
Working Paper: How Do Older Workers Use Nontraditional Jobs? (2019)
Working Paper: How Do Older Workers Use Nontraditional Jobs? (2019)
Working Paper: How do Older Workers use Nontraditional Jobs? (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jpenef:v:20:y:2021:i:3:p:374-392_4

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