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Pre‐retirees' assessment of housing adequacy and their propensity to move
Author(s) -
JOHNSONCARROLL KAREN J. A.,
BRANDT JEANETTE,
SWARD MARY ANN
Publication year - 1993
Publication title -
journal of consumer studies and home economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 0309-3891
DOI - 10.1111/j.1470-6431.1993.tb00172.x
Subject(s) - respondent , logistic regression , marital status , demographic economics , retirement age , feeling , psychology , economics , actuarial science , demography , social psychology , medicine , finance , sociology , political science , population , pension , law
The purpose of this study is to determine how adequate pre‐retirees perceived their homes would be for retirement, and their propensity to move after retirement. This study assesses the relationships between certain socio‐demographic variables and feelings and plans for retirement, current housing tenure and structure conditions of the home, the anticipated adequacy of the size of the current home for retirement, and the anticipated locational decision after retirement. Three hypothesized models were tested, each succeeding model adding another level, using the above variables. The hypothesized models were tested using logistic regression. Marital status and family income are statistically significant in the prediction of current housing tenure and structure conditions. The amount of planning for retirement, assessed by the respondent in comparison to others of similar age, is a significant predictor of anticipated satisfaction with the present dwelling at retirement. Anticipated satisfaction with the present dwelling at retirement and age are statistically significant in the prediction of likelihood of moving at retirement.