| Abstract [eng] |
Europe's population is currently undergoing a major demographic shift due to an ageing population, a considerable number of whom intend to retire as early as possible. Therefore, this paper assesses the health and psychosocial determinants of retirement intentions. The study uses data from the eighth wave of the Survey of Health, Ageing and Retirement in Europe (SHARE) and analyses 7,068 Europeans (3,104 women and 3,964 men) aged between 50 and 65 years from 27 countries, including Lithuania. The survey used the Self-perceived Health measure (SPHEU, EU Version), the Center for Epidemiologic Studies Depression Scale (CES-D scale), the CASP-12 scale, the Job Content Questionnaire (JCQ) and the Effort-Reward Imbalance (ERI) questionnaire. The statistical analysis used descriptive measure, correlation test and hierarchical logistic regression including moderation. The results showed that self-perceived health, depression and well-being predict retirement intentions. Emotional and physical demands and reward at work also predict retirement intentions. The relationship between rewards at work and retirement intentions is moderated by self-perceived health. To conclude, health and psychosocial factors are significant predictors of retirement intentions. The results of this study could be useful in motivating older workers to stay in the labour market longer. |
