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Depression Influences Retirement

depressionParkinsonsA provocative study suggests middle-aged men and women are more likely to retire early from their jobs if they are depressed.

Middle-aged men who suffer with symptoms of depression are more likely to retire early, while retirement-age women often take the leap even if their depressive symptoms are mild.

Almost one in 10 adults suffers from major depression in any given 12-month period.

“In light of our findings, it is of concern that major depression and depressive symptoms are often unrecognized and under-treated,” said University of Pennsylvania lead researcher Jalpa Doshi, Ph.D.

The study will appear in the journal Health Services Research and will be available online in mid-September.

Doshi, a research assistant professor of medicine, and her colleagues looked at data from the Health and Retirement Study, a long-term study covering 48 states. The study followed nearly 3,000 adults between the ages of 53 and 58 every two years between 1994 and 2002 for mental health and labor-force status changes.

The researchers did not examine whether retirement was voluntary or involuntary.

An earlier study of Finnish workers, in a country with a more stable post-retirement safety net system, also showed depression to be a predictor of early retirement. Doshi said it is surprising that this holds true in the United States, where there is increasingly less guarantee of post-retirement income and health care to early retirees. “The burden presented by depression,” she said, “may be higher than we thought.”

“I believe any infirmity might make you think of retiring,” said Eric Kingson, Ph.D., professor of social work and public administration at Syracuse University. The American attitude toward retirement is schizophrenic, Kingson said. “Sometimes, we encourage people to leave work early. To some extent, the pension system does that. When there need to be layoffs, the older people are laid off, but in areas with labor shortages, companies try to retain the workforce.”

“Health plans need better mental health options,” Kingson said. However, many insurance plans are cutting, not adding, benefits.

“If people retire early as a result of depression, in addition to the financial hardship resulting from loss of income, it potentially may have a far-reaching detrimental effect on the health of older workers unable to obtain health insurance,” Doshi said. ”There could be a downward health trajectory.”

Source: Health Behavior News Service

Depression Influences Retirement

Rick Nauert PhD

Rick Nauert, PhDDr. Rick Nauert has over 25 years experience in clinical, administrative and academic healthcare. He is currently an associate professor for Rocky Mountain University of Health Professionals doctoral program in health promotion and wellness. Dr. Nauert began his career as a clinical physical therapist and served as a regional manager for a publicly traded multidisciplinary rehabilitation agency for 12 years. He has masters degrees in health-fitness management and healthcare administration and a doctoral degree from The University of Texas at Austin focused on health care informatics, health administration, health education and health policy. His research efforts included the area of telehealth with a specialty in disease management.

APA Reference
Nauert PhD, R. (2015). Depression Influences Retirement. Psych Central. Retrieved on November 20, 2018, from https://psychcentral.com/news/2007/09/18/depression-influences-retirement/1300.html

 

Scientifically Reviewed
Last updated: 6 Oct 2015
Last reviewed: By John M. Grohol, Psy.D. on 6 Oct 2015
Published on PsychCentral.com. All rights reserved.