Table 5 MULTIVARIABLE ANALYSIS of variables associated with the intention to completely retire from the workforce for Baby Boomers aged 50+
| Â | OR (95% OR) | p value |
|---|---|---|
Education | Â | Â |
Bachelor degree or higher | 1.00 | Â |
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 | Â | Â |
Don't save | 1.00 | Â |
Save but no regular plan to Save regularly | 1.89 (1.11 - 3.21) | 0.019 |
Current employment status^ | Â | Â |
Full-time employee | 1.00 | Â |
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 | Â | Â |
Managers/Professionals | 1.00 | Â |
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 | Â | Â |
A lot | 1.00 | Â |
Moderately | 0.37 (0.25 - 0.53) | <0.001 |
Not at all | 0.89 (0.53 - 1.50) | 0.657 |