scholarly journals PATTERNS OF WEALTH TRAJECTORY IN LATER LIFE: CRITICAL PERIOD, ACCUMULATION, AND SOCIAL MOBILITY MODELS

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S382-S382
Author(s):  
Yu-Chih Chen ◽  
Sojung Park ◽  
Nancy Morrow-Howell

Abstract Wealth, an important financial cushion for older adults to buffer economic stress, requires a longer time to accumulate and develop in one’s course of life. However, little is known about the trajectories of wealth in later life, and how the life course socioeconomic status (SES) may contribute to the development of wealth at old-age. This study investigated longitudinal patterns of wealth trajectory and whether SES across the life course affects these trajectories using critical period, accumulation, and social mobility models. Using data from 16,189 adults aged 51 and older from the 2004-2014 Health and Retirement Study, a growth mixture model was used to explore distinct wealth trajectories. Impacts of life course models were studied using multinomial logistic regression. Results showed that four heterogeneous latent classes of wealth were identified: Stable high (reference group), Low and increasing, Stable low, and High but decline. Disadvantaged adulthood SES, accumulated exposure to socioeconomic risks, and downward or persistent socioeconomic disadvantage over the life course were associated with Stable low, Low and increasing, and High but decline, supporting all three life course mechanisms on wealth development in later life. Evidence suggests that wealth development is heterogeneous across individuals, and a strong gradient effect of life-course SES on wealth trajectories are clearly observed. Programs and policies should address the effects of life course on wealth development to strengthen the economic well-being in later life.

2017 ◽  
Vol 30 (7) ◽  
pp. 1011-1041 ◽  
Author(s):  
Eunsun Kwon ◽  
BoRin Kim ◽  
Hyunjoo Lee ◽  
Sojung Park

Objective: This study investigated patterns of depressive symptoms and whether socioeconomic status (SES) across the life course affects these trajectories using the critical period, accumulation, and social mobility models. Method: This study uses data from 8,532 adults, age 51 to 64, collected over 12 years from the Health and Retirement Study (observations = 25,887). A latent class analysis was performed to examine distinct depressive symptom trajectories; life course models were studied with multinomial logistic regression. Results: Four heterogeneous latent classes were identified for depression: Declining, Low, Increasing, and High and Increasing. The High and Increasing group was associated with a disadvantaged childhood SES, accumulated exposure to socioeconomic risks, and persistent SES disadvantage supporting the three life course models. Discussion: There was evidence of distinct profiles of depressive symptoms in late middle age and of interrelated life course mechanisms underlying the influences of childhood SES on later life depression.


2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S128-S129
Author(s):  
Melanie S Hill ◽  
James E Hill ◽  
Stephanie Richardson ◽  
Jessica Brown ◽  
Jeremy B Yorgason ◽  
...  

Abstract Identity scholars have suggested that having a unified sense of past, present, and future is related to positive well-being outcomes (Whitbourne, Sneed & Skultety, 2009). One’s occupation can have a profound influence on an individual’s identity throughout the life course (Nazar & van der Heijden, 2012). Research has looked at career mobility among younger age groups (Baiyun, Ramkissoon, Greenwood, & Hoyte, 2018); however, less is known about the impact of career stability later in life. Consistency in career choice over the life course may have positive outcomes down the line as career becomes part of an individual's identity. The current study uses the Life and Family Legacies dataset, a longitudinal state-representative sample of 3,348, to examine individual’s careers at three points in the life course: high school (projected career choice), early adulthood, and later life. Results revealed that a match of desired career in high school and actual career in early adulthood was not predictive of life satisfaction or depressive symptoms in later life. However, a match of career in early adulthood and later life was significantly related to better life satisfaction and less depressive symptoms, which was explained through higher levels of job satisfaction. This study highlights the importance of acquiring and maintaining a career that is fulfilling to the individual over the course of early adulthood to later life.


2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 407-407
Author(s):  
Laura Upenieks ◽  
Yingling Liu

Abstract Decades of research have the beneficial effects of marital support and the detrimental consequences of marital strain on health and well-being. However, we know relatively less about how circumstances in childhood—a key developmental period of the life course—influence the relational structure in which later life is embedded and any implications this may hold for well-being. We integrate the life course perspective with the stress process model to offer a framework for how childhood conditions (childhood happiness, family structure, and financial strain) moderate the relationship between marital support/strain and subjective well-being in older adulthood in potentially different ways for men and women. The consequences of marital strain may be more severe and the benefits of marital support may not be as strongly felt for those adults who experienced greater adversity during childhood. Drawing on longitudinal data from Waves 2 (2010-2011) and 3 (2015-2016) of the NSHAP project (N = 1,376), results from lagged dependent variable models suggest that marital support buffers the effect of not living with both parents in childhood on subjective well-being for men. Meanwhile, women raised in families that experienced financial hardship reported lower subjective well-being in the context of marital strain in later life. No significant interaction effects were obtained for childhood happiness. Taken together, our findings suggest that adverse experiences in childhood can be scarring, particularly in the context of strained intimate relationships. However, a supportive marriage can, in some cases, offset the effects of childhood hardship on subjective well-being in later life.


2018 ◽  
Vol 32 (5-6) ◽  
pp. 285-295 ◽  
Author(s):  
Sara Zella ◽  
Sarah Harper

Objectives: The article addresses whether specific combinations of employment and domestic duties over the life course are associated with variations in women’s health at the time of retirement. It also explores the differences of this relationship in four European welfare states. Method: Women from three waves of SHARE (Survey of Health, Aging and Retirement in Europe) are grouped using sequence analysis. Using logistic regression models, group differences in later life depression and self-reported health are tested. Predicted probabilities are applied to analyze welfares’ differences. Results: The findings confirm that a combination of employment and domestic duties across the life course has a positive association with later life health. Being outside the labor market is detrimental for women’s health. Well-being across the life course is framed by the welfare context in which women live. Discussion: We suggest that further research is needed to explore the mechanisms linking work and care trajectories to poor health and enable appropriate interventions.


Author(s):  
Jill Suitor ◽  
Megan Gilligan ◽  
Marissa Rurka ◽  
Yifei Hou ◽  
Gulcin Con

Theories of social gerontology have progressed from a focus on individuals’ later-life decline to theories that emphasize the intra- and interindividual variability of later-life experiences and the ways in which such heterogeneity is conditioned by social structural, cultural, and interpersonal factors that often begin in childhood and continue to shape individuals and members of their social networks across the life course. Consistent with theories across the sciences, theories of social gerontology predict and explain real-world experiences. In the case of social gerontology, the goals of theory address a wide array of phenomena, ranging from individuals’ attitudes and motivations, social networks and social support, the actions and functions of formal organizations, the embodiment of cultural norms and stereotypes, social determinants of health, and sources of inequality throughout the life course.. As the field of social gerontology has developed, theories in the field have shown increasing complexity, particularly regarding the roles of early life course experiences, social structural positions, and interpersonal relations in explaining variations in well-being, longevity, and the quality of life across the lifespan. As part of this increased complexity, social gerontology has become increasingly cross-disciplinary, spanning disciplines such as sociology, psychology, biology, anthropology, public health, medicine, and engineering, with a strong emphasis on how each discipline can contribute to developing principles that transcend individual fields. These integrative theories of social gerontology are crucial to developing comprehensive approaches to improving the health and well-being of individuals throughout the life course. Theories of social gerontology help us comprehensively understand the aging process by emphasizing individual characteristics, social relationships, and the larger cultural contexts in which individuals’ lives are embedded.


Author(s):  
Baowen Xue ◽  
Penny Tinkler ◽  
Anne McMunn

Abstract Objectives To investigate whether the timing and nature of women’s transitions out of full-time (FT) education are related to later-life subjective well-being and the life-course experiences that might explain any associations seen. Methods Data are from women in Wave 3 of the English Longitudinal Study of Ageing who have participated in the life history interview and were aged 50+ at the interview (n = 3,889). Using multichannel sequence analysis, we identified 6 types of transition out of FT education (ages 14–26). Regression models were used to examine associations between transition types and life satisfaction, quality of life, and depressive symptoms at age 50+. Results Women who made early transitions to married parenthood and FT domestic labor had lower levels of well-being on all 3 later-life well-being outcomes (p < .01), compared to women who made later transitions to family life and remained employed. Women who remained single up to age 26 also had lower life satisfaction (p < .05) and quality of life (p < .01) in later life than their counterparts who married and had children. These associations were explained by the life-course socioeconomic and relationship pathways. Advantaged childhood socioeconomic circumstances and higher educational qualifications set “Later Marriage and Later employment” women apart onto advantaged trajectories and a better quality of life later (p < .01). Discussion The timing and nature of exits from FT education played a pivotal role in setting people onto life-course trajectories that influence well-being in later life for this older generation of women.


2019 ◽  
Vol 48 (Supplement_3) ◽  
pp. iii17-iii65
Author(s):  
Sinead McLoughlin ◽  
Cathal McCrory

Abstract Background Allostatic load (AL) is a measure of cumulative physiological dysregulation that is posited to capture the ‘wear and tear’ on the body resulting from exposure to chronic stress. AL has been shown to predict disease, morbidity and mortality. Multiple studies have shown an inverse relationship between AL and SEP, but few have examined the life course social patterning of AL. Methods Using baseline data from The Irish Longitudinal Study on Ageing (TILDA), an AL index was calculated by summing the number of biomarkers for which respondents fell within high risk quartiles. 17 biomarkers were examined, representing cardiovascular, immune, metabolic and parasympathetic nervous systems. SEP and life course trajectories were determined using father’s occupation (at age 14) and current occupation, which were aggregated to create four categories of social mobility; stable high, downwardly mobile, upwardly mobile and stable low. Negative binomial regression models were fitted for each of the life course models of critical period, accumulation and social mobility, to examine the associations between SEP and AL (n=3,282). Results Higher SEP was associated with lower AL. A significant association between origin SEP and later life remained after controlling for destination SEP. The ‘stable high’ across the life course had the lowest AL burden, the ‘stable low’ had the highest burden, and the mobile groups ranked intermediate. Conclusion Findings suggest childhood to be a sensitive period for the embedding of early life disadvantage. The accumulation hypothesis suggests that those who spend more time disadvantaged fair worse in terms of health. This study supports this hypothesis, as those who were stable low / stable high were in the worst / best health respectively.


2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S351-S351
Author(s):  
Jooyoung Kong ◽  
Scott Easton

Abstract Guided by the cumulative disadvantage hypothesis, the present study examines recurrent victimization experiences across the life course and their impact on psychological health in later life. Using data from the 2010-2011 Wisconsin Longitudinal Study, we explored the latent structure of histories of childhood maltreatment (i.e., neglect, emotional/physical abuse, witness of domestic violence) and elder abuse victimization among 5,968 older adults (average age of 71 years). We also investigated whether membership in specific latent classes, particularly experiencing both childhood and elder victimization, would be associated with psychological functioning in late life. We identified five latent classes: “Never victimized” (66% of respondents), “Abused as child” (16%), “Abused and neglected as child” (9%), “Abused as elder” (6%), and “Abused as child and elder” (2%). Also, the “abused as child and elder” class consistently was associated with negative psychological outcomes (i.e., distress and somatic symptom severity) and lower levels of psychological well-being.


2015 ◽  
Vol 9 (1-2) ◽  
pp. 49-67 ◽  
Author(s):  
Hal Kendig ◽  
Vanessa Loh ◽  
Kate O’Loughlin ◽  
Julie Byles ◽  
James Y. Nazroo

2021 ◽  
Vol 37 (10) ◽  
Author(s):  
Luna Strieder Vieira ◽  
Juliana dos Santos Vaz ◽  
Fernando César Wehrmeister ◽  
Felipe Garcia Ribeiro ◽  
Janaína Vieira dos Santos Motta ◽  
...  

Abstract: This article aims to assess the relationship between an individual’s socioeconomic status over their life-course and their body mass index (BMI) at 22 years of age, according to the hypotheses generated by risk accumulation, critical period, and social mobility models. This was a population-based prospective study based on the Pelotas (Brazil) 1993 birth cohort. The risk accumulation, critical period, and social mobility models were tested in relation to a saturated model and compared with a partial F-test. After the best model was chosen, linear regression was carried out to determine the crude and adjusted regression coefficients of the association between socioeconomic status over the life-course and BMI at 22 years of age. The sample was comprised of 3,292 individuals (53.3% women). We found dose-response effect for both men and women, although the results were opposite. Among men, a lower score in socioeconomic status accumulation model led to a lower BMI average at 22 years of age; whereas among women, a lower score in socioeconomic status accumulation model caused an increase in BMI at 22 years of age.


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