Retirees who transition instead of suddenly quitting working all together have been found to suffer from fewer major illnesses or disease. The American Psychological Association refers to this sort of transition as "bridge employment".
The research involved over 12,000 participants, ranging in age from 51 to 61. During a six year span, each of the participants were interviewed every two years. The interview consisted of questions concerning their health, financial status, employment history, and continued work or retirement.
The research consisted of only those health problems that had been properly diagnosed by a physician. People who worked post retirement at jobs in the same field as their lifetime careers showed better mental health. The stress of learning a new skill outside their previous career field has been found to have a negative impact on mental health and financial security.
Retirees who continued to work at bridge employment were found to have a 31% higher mental score than those who chose full retirement. Other research has shown that 3/4 of men between the ages of 55 and 75 are in better health when they continue to work post retirement age. With women, 71% of those who continue to work are in better health, mentally and physically, than those who opt for full retirement.
Those who continue to work past retirement are also less stressed financially. Let's face it, with today's economy as it is, it is hard for anyone to make ends meet without the income received from full or part-time work.
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