Given substantial cohort differences in psychosocial functioning, for example perceived control, and ongoing pension reforms, the context of retirement has changed over the last decades. However, there is limited research on the consequences of such developments on historical differences in subjective well-being in the retirement transition. In the present study, we investigated historical differences in change in life satisfaction and positive affect across the retirement transition. We included perceived control as a potential mechanism behind these differences. Analyses were based on sub-samples of retirees among three nationally-representative samples of the German Ageing Survey (1996; 2002; 2008) and their respective follow-ups 6 years later. Results showed historical improvements in pre-retirement positive affect (i.e., later samples had higher pre-retirement levels), however, earlier samples showed a larger increase in positive affect across the retirement transition compared to later samples. No historical differences were found in life satisfaction. Perceived control showed no historical improvement and did not seem to contribute to historical differences in subjective well-being. Nevertheless, we found that the role of perceived control for positive affect seemingly increased over historical time. The results showed that the historical context seems to play a role in the experience of retirement, and that it is helpful to distinguish between cognitive-evaluative (e.g., life satisfaction) and affective components (e.g., positive affect) of well-being.
Subjective well-being across the retirement transition—Historical differences and the role of perceived control.
