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Key Findings Details

Self-Assessed Retirement Outcomes: Determinants and Pathways
by Susann Rohwedder
WP 2006-141

Bad health, changes towards worse health, social isolation and increase in social isolation lead most significantly to lower satisfaction in retirement and a greater sense of financial insecurity in retirement.
A short financial planning horizon and past shocks, like unexpected large expenses or divorce, also have a noticeable negative impact.