REtirement Can Bring it’s Own Problems

| May 16, 2013 | 1 Comment

If you’re reading this bleary-eyed on your commute, it may feel like retirement can’t come quickly enough.

But don’t rush it – for research has found that giving up work could be bad for your health.

While many of us might dream of  a retirement spent travelling, trying new hobbies and finding contentment, it seems escaping the office may actually make us more miserable and prone to sickness.

A study found that after giving up work, the average adult was 60 per cent more likely to have at least one diagnosed illness. Retirement was also found to increase the risk of depression by 40 per cent and the chance of being on medication by 60 per cent.

And retirees were 40 per cent less likely to declare themselves in either ‘very good’ or ‘excellent’ health than those still working.

Researchers from the London-based Institute of Economic Affairs think-tank surveyed as many as 9,000 adults aged 50 to 70 from 11 European countries. 

Participants filled in detailed questionnaires about their health and wellbeing before retirement and at various stages afterwards.

The study tried to account for the fact that some people will retire due to health problems.

But lead researcher Gabriel Sahlgren pointed out that retirement is such a life-changing event that it can actually be far more stressful than continuing to work.

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