Personal Characteristics and Retirement Intentions (Empirical Evidence From Poland)
Personal Characteristics and Retirement Intentions (Empirical Evidence From Poland)
Author(s): Patrycja Kowalczyk-Rólczyńska, Magdalena Swacha-Lech, Łukasz JurekSubject(s): Social Sciences, Economy
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: pension system; retirement intentions; personal characteristics; logit regression
Summary/Abstract: Retirement intentions depend on a number of different factors. The aim of this paper is to assess the impact of personal characteristics on the willingness to retire as soon as possible among older workers in Poland. The data were collected through a CAWI survey conducted in 2021 among a representative sample of workers aged 50 and over. Statistical analysis was based on logit model. Identified predictors are: age, education, fear about the financial situation in retirement, the use of free time after retirement, and lack time to pursue passions due to work. Those results provide suggestions for strengthening active ageing policy in Poland. There is a clear need for policymakers to pay more attention to reconciling work and private life and to preparing citizens for old age.
Journal: Journal of Banking and Financial Economics
- Issue Year: 23/2025
- Issue No: 1
- Page Range: 83-94
- Page Count: 12
- Language: English
