Table 3.
Predicting the Level and Change in Life Satisfaction in SOEP and SHP, Controlling for Age
| SOEP (n = 3,811) | ||||
|---|---|---|---|---|
| Level, B (SE) | Preretirement slope, B (SE) | Short-term slope, B (SE) | Postretirement slope, B (SE) | |
| Intercept | 6.31 (0.09)*** | −0.07 (0.04) | 0.10 (0.10) | −0.03 (0.02) |
| Retirement year (0 = 2001) | 0.01 (0.00) | 0.004 (0.00)** | 0.02 (0.01)** | 0.003 (0.00)* |
| Age | 0.10 (0.01)*** | 0.00 (0.01) | −0.02 (0.01) | −0.01 (0.01) |
| Gender (0 = female, 1 = male) | −0.04 (0.04) | 0.02 (0.01) | −0.05 (0.05) | 0.03 (0.02) |
| Education (0 = low, 1 = middle and high) | 0.41 (0.08)*** | 0.03 (0.03) | −0.03 (0.09) | 0.02 (0.03) |
| Residual variance | 1.96 (0.08)*** | 0.05 (0.01)*** | 0.42 (0.12)*** | 0.06 (0.01)*** |
| SHP (n = 1,806) | ||||
|---|---|---|---|---|
| Level, B (SE) | Preretirement slope, B (SE) | Short-term slope, B (SE) | Postretirement slope, B (SE) | |
| Intercept | 7.29 (0.10)*** | −0.09 (0.04)* | 0.27 (0.13)* | −0.06 (0.04) |
| Retirement year (0 = 2001) | 0.01 (0.00) | 0.004 (0.00)** | −0.01 (0.01) | 0.003 (0.00)* |
| Age | 0.10 (0.01)*** | 0.00 (0.01) | −0.02 (0.01) | −0.01 (0.01) |
| Gender (0 = female, 1 = male) | −0.04 (0.04) | 0.02 (0.01) | −0.05 (0.05) | 0.03 (0.02) |
| Education (0 = low, 1 = middle and high) | 0.41 (0.08)*** | 0.03 (0.03) | −0.03 (0.09) | 0.02 (0.03) |
| Residual variance | 1.36 (0.10)*** | 0.04 (0.01)** | 0.12 (0.14) | 0.04 (0.02)* |
Notes: CFI = comparative fit index; CI = confidence interval; RMSEA = root-mean-square error of approximation; SHP = Swiss Household Panel; SOEP = German Socioeconomic Panel Study; SRMR = standardized root-mean-square residual; TLI = Tucker–Lewis index. Model fit: CFI = 0.994, TLI = 0.993, RMSEA = 0.017, 90% CI (0.013; 0.021); SRMR = 0.020.
*p < .05 ** p < .01 ***p < .001.