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What Makes Retirees Happier: A Gradual or 'Cold Turkey' Retirement?
Center for Retirement Research at Boston College Link to more items from this source
Oct. 24, 2007

Excerpt: Using longitudinal data from the Health and Retirement Study, this study explores what shapes the change in happiness between the last wave of full employment and the first wave of full retirement. Results suggest that what really matters is not the type of transition (gradual retirement or cold turkey), but whether people perceive the transition as chosen or forced.

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