EMF23-02: The Relationship Between Pre-Retirement Psychological Distress and Family Wealth at Retirement by Race and Gender: An Analysis From 2007 - 2019 in the United States

There has been a significant focus on mental health and understanding the long-term implications of mental health, in recent years. This study uses Panel Study of Income Dynamics (PSID) data waves 2007- 2019, to analyze the relationship between pre-retirement psychological distress and finances, specifically percent changes in wealth at retirement. Understanding changes in wealth for those with differing experiences with mental health is important for ensuring financial adequacy in retirement.