Subjective life expectancy predicts retirement intentions
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Subjective life expectancy (SLE) is the age a person thinks they will live. Latest research from Australia examined whether SLE plays a role in retirement decisions of employees. The results of the 1-year longitudinal study show that SLE predicted intended retirement age and amount of retirement preparation. Furthermore, SLE predicted actual retirement a year later. People who expect to live longer, are apparently less motivated to retire early than those with shorter subjective life expectancy.