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Mental health can take a hit if you do not have your own home in retirement.
People who do not own a home are at greater risk of poor mental health in retirement.
Young Kiwis have a lot harder to buy In his report on the Longitudinal Study of Health, Labor and Retirement in New Zealand, Massey University said, "Although Homeownership is high and culturally valued in large cities, New Zealand, the ability of a person to own a home decreases rapidly. "
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Happiness, it's owning one's own house in retirement.
He said:" Health at long-term and social well-being of a person somewhat
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" This suggests that older people in New Zealand who do not own their homes are at greater risk of declining mental health.
"It is obvious that poor housing and housing health is decreasing," she concludes.
Three-quarters of seniors according to the study, they owned their own home, although only 56% of them owned a home without a mortgage.
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Your house does not have to necessarily be a mansion, but access to safe, secure and healthy homes greatly contributes to a happy retirement.
The study is ongoing for 10 years. years after the trips of the elderly through their years of age after they become eligible to be paid NZ Super.
He paints a largely positive picture, with two-thirds of the elderly enjoying good physical, mental and social health.
CHRIS McKEEN / HOMED
Retirement "villages" are only accessible to people with a lot of money, which usually limits them to people who can not continue to work. to work. have sold a house.
According to the report, the number of elderly New Zealanders has increased rapidly over the last three decades.
The number of employees aged 65 and over almost tripled between 1986 and 2006.
But a greater number of seniors According to the report, job seekers outnumbered Young people aged 18 to 24 in 2016. "Some of these job seekers are forced to leave their jobs due to layoff, disability, or family obligations, as well as discrimination. based on age.
Authors Christine Stephens and Fiona Alpass stated: "Enabling and Supporting the Participation of Older Workers in the Labor Market Will Provide a" Triple Dividend "to New Zealand
" This will benefit the labor market. economy by reducing early departure expenses of the workforce while increasing tax revenues. It will benefit businesses by moderating the impact of demographic changes on the labor market and help older workers improve their wealth and well-being.
Since 2006, more than 11,000 participants have participated in more than 24,000 postal surveys. Face-to-face interviews of 1903.
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