Table 2.

Odds Ratios from Models of Retirement Timing, by Sex

	Men		Women
Variable	Model 1	Model 2	Model 1	Model 2
Age
Linear	1.25**	1.18**	1.20**	1.18**
60	1.36**	1.29**	1.33**	1.25**
61	1.43**	1.46**	1.24**	1.20*
62	2.86**	2.59**	2.45**	2.15**
63	1.53**	1.46**	1.35**	1.20*
64	1.13	1.15	0.89	0.81*
65	0.93	0.94	0.69**	0.61**
Educational attainment (a)
Some college	0.94	1.02	0.92	0.92
Bachelor's degree	0.88*	0.96	0.88	0.89
Graduate/professional degree	0.72**	0.78**	0.81*	0.81*
Marital status (b)
Divorced/separated	1.15	1.31**	0.60**	0.69**
Widowed	0.97	1.00	0.81*	0.85
Never married	1.33**	1.42**	0.91	1.03
Midlife work experiences
Involuntary job exit (c)
Before age 50	0.66**	0.84	0.89	0.95
After age 50	0.65**	0.80**	0.79**	0.86
Proportion of years w/o access to private pension	0.49**	0.64**	0.94	0.94
Proportion of years w/o access to health insurance	1.08	1.20	1.12	1.09
Proportion of years in low earning occupation	0.83**	0.74**	0.91	0.86*
Belonged to a labor union (d)	1.47**	1.14**	1.35**	1.28**
Net worth in 1993 (percentile rank)		1.68**		1.96**
Eligible for private pension benefits (e)
Eligible		3.44**		2.33**
Not covered		1.93**		1.68**
Occupational sector (f)
Public		1.59**		1.11
Self-employed		0.63**		0.82**
Duration of current employment spell		1.01**		1.01**
Occupational education		0.99**		0.99**
Employment status (g)
Not working		1.57**		1.17**
Working part-time		1.29*		0.79*
Diagnosed with diabetes (d)		1.48**		1.23**
Diagnosed with heart disease (d)		1.13		1.72**
Diagnosed with cancer (d)		1.40**		1.27**
Diagnosed with stroke (d)		2.76**		1.34
N	95,094	95,094	103,630	103,630
df	19	32	19	32
Log-likelihood	−8,921	−8,529	−10,595	−10,410
p value for likelihood ratio test—Model 2 vs. Model 1		0.00		0.00

Notes: Omitted categories are (a) high school, (b) married, (c) none, (d) no, (e) not yet eligible, (f) private sector, (g) working full-time.

*p < .05; ** p < .01.