Time spend in retirement

This thesis analyzes the time spent in retirement in the Czech Republic. Due to the unavailability of public individual data on the actual duration of old-age pension receipt, this variable is modeled using life tables and data on retirement age. The theoretical part summarizes the basic concepts of mathematical demography, defines the time spent in retirement as the remaining lifetime at retirement age, and discusses the choice of appro- priate characteristics of the distribution, in particular the role of the mean and median. The practical part focuses on determining the expected time spent in retirement as life expectancy at retirement age, simulating the time spent in retirement based on life ta- bles, and approximating its distribution using selected parametric models. The final part presents a simulation study of scenarios of changes in the distribution of retirement age and an analysis of their impact on the expected and simulated time spent in retirement.