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This document summarizes a study that analyzes measures of subjective well-being (SWB) from the HILDA Survey to assess whether Australians successfully smooth their well-being between working and retirement. It finds that for the large majority, SWB either improves or remains constant upon retirement. However, those forced into early retirement due to job loss or health issues, and whose retirement income is much less than expected, report declines in well-being. The study also examines the accuracy of retr

Author

Regan Lv

Language

EN