Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/232514 
Year of Publication: 
2021
Citation: 
[Journal:] Advances in Life Course Research [ISSN:] 1040-2608 [Volume:] 47 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2021 [Pages:] 100392-
Publisher: 
Elsevier, Amsterdam
Abstract: 
This contribution analyses early retirement in Germany and Switzerland with a focus on financial resources. Using data from CH-SILC linked to administrative records and the German SOEP, we distinguish three different financial resources: namely, pre-retirement labour income, net worth and pension entitlements. High labour income reduces the probability for early retirement. In contrast, high pension entitlements are associated with early retirement. Private wealth also plays an important role in early retirement, but differs with regard to the relevance of the asset components between the two countries. Although the pension system moderates the influence of financial resources on retirement behaviour, the direction of the effects is consistent across the countries once pension entitlements are accounted for.
Subjects: 
Early retirement
Pension entitlements
Net worth
Income
SOEP
CH-SILC
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.