Monday, July 20, 2015

"It seems like retirement is a good place to be"

Devon Gorry, an assistant professor of economics at Utah State University, said this in an interview on TODAY. She also noted that retirees were happier on average and less depressed.
Gorry is co-author of a study published this month by the National Bureau of Economic Research. The results are based on data from the Health and Retirement Study, which contains in-depth interviews with 20,000 Americans over 50 on every aspect of their lives, including physical and mental health. Researchers follow up with them every two years until their deaths.
The report found that retirement quickly boosts life satisfaction, with meaningful improvements in health showing up a few years later and has long lasting benefits to individual well-being.

Click here to read the full scope of the study, Growing Older in America: The Health and Retirement Study.  

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