The Search for Happiness: Work Experiences and Quality of Life of Older Taiwanese Men

Abstract

Taiwan’s pension systems do not always ensure corresponding benefits for those who have achieved their career goals in labor markets, thus retirement decisions are often difficult for the majority of its citizens. Retirement is not only a social institution shaped by labor market and social welfare policy, but also a process affected by personal life chance and family situations, and therefore influences their citizen’s well-being. While scholars have maintained that retirees’ happiness is related to earlier life experiences, there is little empirical evidence that explains this relationship. This paper investigates the midlife work experiences and the resources workers acquired to determine the extent to which they affect the happiness of retirees. Data for examining study hypotheses are drawn from four waves of the Taiwan Longitudinal Survey on Aging. The results indicate that midlife work experiences exert significant influences on life satisfaction, and also play a moderate role on the relationship between seniors’ resources and their life satisfaction. Bridge employment is found to have varying effects on seniors’ life satisfaction depending on their occupation. We conclude that the happiness of older Taiwanese men is mainly a product of both their present situations and their recollections of their earlier occupational experiences.