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Friendships that money can buy: financial security protects health in retirement by enabling social connectedness

Cruwys, Tegan; Haslam, Catherine; Steffens, Niklas; Haslam, Shelly Alexander; Fong, Polly; Lam, Ben

Description

Background: Research on the health and wellbeing of retirees has tended to focus on financial security and financial planning. However, we suggest that one reason why financial security is important for retirees is that it enables social connectedness, which is critical for healthy ageing. Methods: This paper tests this hypothesis cross-sectionally (N = 3109) and longitudinally (N = 404) using a population-weighted mixed effects mediation model in two nationally representative samples of...[Show more]

CollectionsANU Research Publications
Date published: 2019
Type: Journal article
URI: http://hdl.handle.net/1885/219190
Source: BMC geriatrics
DOI: 10.1186/s12877-019-1281-1
Access Rights: Open Access

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