Table 5. Pre/post-retirement changes in wealth, health, and perceptions by whether or not work expectation realized.
| Expected leisure | Expected work | |||
|---|---|---|---|---|
| Not Realized (1) | Realized(2) | Not realized(3) | Realized(4) | |
| Wealth Changes Pre/Post Retirement | ||||
| Percent Change Net Worth at 50th Percentile | 4.0 | 6.5 | 6.4 | 5.1 |
| Percent Change Net Worth at 75th Percentile | 44.6 | 50.7 | 63.7 | 55.5 |
| Percent Change Stock Value at 50th Percentile | 0.0 | 0.0 | 0.0 | 0.0 |
| Percent Change Stock Value at 75th Percentile | 56.8 | 73.3 | 20.3 | 42.0 |
| Changes in Perceptions Pre/Post Retirement (Percentage) | ||||
| Ex-Ante Worried about Not Having Enough Income | 38.0 | 42.5 | 60.6 | 56.5 |
| Ex-Post Bothered by Not Having Enough Income | 37.9 | 27.5 | 40.3 | 43.2 |
| Ex-Ante Worried about Not Being Productive | 21.4 | 22.4 | 37.9 | 40.2 |
| Ex-Post Bothered by Not Being Productive | 33.8 | 22.3 | 30.5 | 36.9 |
| Health-Related Changes Pre-/Post Retirement (Percentage) | ||||
| Health Shock (Respondent) | 19.1 | 23.2 | 27.3 | 17.5 |
| Health Shock (Spouse if Married) | 20.9 | 18.3 | 20.9 | 20.1 |
| Lost Health Insurance Coverage | 17.8 | 17.1 | 14.0 | 14.7 |
| Expected but Lost Health Insurance Coverage | 10.2 | 10.4 | 5.9 | 7.9 |
Notes: Cell entries are the centile value of row characteristic computed for each column, or the percentage of each column with row characteristic, as noted. Sample is all individuals observed 2 or more years after first retirement based on combined hours and self-reported retirement definition. Work after retirement includes partial retirement and unretirement. Pre-/post-retirement changes are measured using survey waves immediately before and after retirement date.