Retirement can have an impact not only on finances but also on health, according to a new study published in the Journal of Human Resources, which found that it can be good for you.
"The results indicate that the retirement effect on health is beneficial and significant," wrote Michael Insler, and assistant professor of economics at the U.S. Naval Academy.
The study showed that the boost to your health is comparable to reducing the risk of being diagnosed with diabetes by 25 percent for those of retirement age.
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