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Table 5 MULTIVARIABLE ANALYSIS of variables associated with the intention to completely retire from the workforce for Baby Boomers aged 50+

From: A survey of retirement intentions of baby boomers: an overview of health, social and economic determinants

  OR (95% OR) p value
Education   
Bachelor degree or higher 1.00  
Certificate/Diploma 1.64 (0.89 - 3.02) 0.111
Trade/apprenticeship 2.35 (1.20 - 4.60) 0.013
No schooling to secondary 3.08 (1.69 - 5.62) <0.001
Description of saving habits   
Don't save 1.00  
Save but no regular plan to Save regularly 1.89 (1.11 - 3.21) 0.019
Current employment status^   
Full-time employee 1.00  
Part-time employee 0.94 (0.62 - 1.41) 0.752
Casual or temporary 1.11 (0.58 - 2.11) 0.753
Self-employed 0.30 (0.17 - 0.54) <0.001
Occupation   
Managers/Professionals 1.00  
Technicians/Trades Workers 0.77 (0.40 - 1.49) 0.438
Community and Personal Service Workers/Clerical and Administrative Workers 0.82 (0.51 - 1.32) 0.414
Sales Workers 2.26 (1.16 - 4.38) 0.016
Machinery Operators and Drivers/Labourers 1.51 (0.86 - 2.65) 0.147
How much thought about own retirement   
A lot 1.00  
Moderately 0.37 (0.25 - 0.53) <0.001
Not at all 0.89 (0.53 - 1.50) 0.657