The number of children and retirement timing in the Philippines: a survival analysis
Date
2025-05-30
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This study examines the association between the number of children and the retirement timing of the Filipino elderly. Using the 2018 Longitudinal Study of Ageing and Health in the Philippines (LSAHP) dataset, the Cox Proportional Hazards model, and the Kaplan-Meier Survival Analysis, the study found that elderly with an above-average number of children (7 and above) are 25.1% less likely to retire earlier than those with a below-average number (0-4). A gender-stratified approach also revealed that female elderly with an above-average number of children have a 34.5% less likelihood of earlier retirement, while the effect for males is statistically insignificant. These results have implications for pension-system inadequacy and the financial burden from having many children.
Description
Keywords
Cox Proportional Hazards, Retirement, Number of Children, Filipino Elderly, Survival Curve Analysis