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Subjective life expectancy predicts retirement intentions

career research blog

The latest career research insights to grow your career

Subjective life expectancy predicts retirement intentions

Noemi Nagy

Subjective life expectancy (SLE) is the age a person thinks they will live. Latest research from Australia examined whether SLE plays a role in retirement decisions of employees. The results of the 1-year longitudinal study show that SLE predicted intended retirement age and amount of retirement preparation. Furthermore, SLE predicted actual retirement a year later. People who expect to live longer, are apparently less motivated to retire early than those with shorter subjective life expectancy.

Griffin, B., Hesketh, B., & Loh, V. (2012). The influence of subjective life expectancy on retirement transition and planning: A longitudinal study. Journal of Vocational Behavior, 81(2), 129-137.