Is Retirement Bad for Your Health? – Zoomers

The issue is over-simplified and the conclusions are somewhat fragile – “retirement” is not in itself the problem, but it is certainly an issue worthy of attention…

Retirement Boosts Your Risk of Depression by 40 Percent

According to a new report released by the Institute of Economic Affairs (IEA),1following an initial boost in health, retirement increases your risk of clinical depression by 40 percent while raising your chances of being diagnosed with a physical condition by 60 percent. It also:

Reduces your likelihood of being in self-reported excellent or very good health by 40 percent

Raises your risk of taking medication for a diagnosed physical condition by 60 percent

The study’s author, who called retirement’s impacts on health “drastic,” suggested a later retirement age may actually be preferable, noting: 2

“New research presented in this paper indicates that being retired decreases physical, mental and self-assessed health. The adverse effects increase as the number of years spent in retirement increases.”

via Is Retirement Bad for Your Health? – Zoomers.