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SUNY Oneonta Acedemic Research (SOAR): A Journal of Undergraduate Social Science
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2022
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Although the retirement period comes at the end of one's laborious working life, there is
no certainty that one can live comfortably during these years. To support oneself during
retirement, one must accrue enough income and benefits to last until death. Retirement can only
be pursued with a sufficient amount of income. One must understand the fundamentals of
retirement income to understand retirement as a whole. This literature review will explore how
retirement income impacts an older adult's retirement lifestyle. Key topics of this question
include the influence of individual characteristics, like gender, ethnicity, and immigrant status,
on the type of retirement income received. Social forces, such as type of pension reform,
geographic location, and economic events, will be investigated for their impact on an older
adult's retirement income. The direct influence of retirement income on health will also be
explored to fully understand the role retirement income plays in an older adult's life. Using
online databases, these sources were analyzed and included based on their thorough discussion of
retirement income and how detailed they are in their explanation of what happened to an older
adult when types of retirement income were provided.
Citation
Gregov, Aleksander. 2022. Older Adults, Retirement Income, and Lifestyle. SUNY Oneonta Acedemic Research (SOAR): A Journal of Undergraduate Social Science, Volume 6, 4-16
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