Adaptation to Retirement: Role Changes and Psychological Resources

Effect of retirement on loneliness: a longitudinal comparative analysis across Australia, China and the USA

BACKGROUND

There is evidence that the transition to retirement can bring social challenges and may increase loneliness. Few studies have examined the impact of retirement on loneliness; most have been conducted in Western countries. It is important to examine the differences in loneliness postretirement across countries to identify patterns and risk factors that might influence the health and well-being of older adults. We aimed to examine the effect of retirement on loneliness among older adults in Australia, China and the USA.

METHODS

Longitudinal analysis of data from population-based samples of Australian, Chinese and American adults over 50. Lagged and fully lagged adjusted models were applied. Social engagement was examined as an effect modifier and a sensitivity analysis was conducted among urban participants.

RESULTS

Retirees had a higher predicted prevalence of loneliness than non-retirees in Australia (19.4% (95% CI 18.0% to 20.9%) vs 17.0% (95% CI 15.7% to 18.4%)) and in the USA (19.3% (95% CI 17.5% to 21.1%) vs 15.7% (95% CI 14.3% to 17.3%)). These differences were significant only in the USA. In China, loneliness was significantly lower in those who had retired (10.0% (95% CI 7.9% to 12.5%) vs 17.1% (95% CI 15.7% to 18.5%)). In Australia and the USA, voluntary retirees had the lowest loneliness and involuntary retirees had the highest. Social engagement did not modify the association between retirement and loneliness.

CONCLUSIONS

Our findings imply that the effect of retirement should be considered within a cultural context to inform suitable and effective strategies to alleviate loneliness.

Engaging Retired Physicians as Educators: Motivations and Experiences of Participants in a Novel Educational Program

PURPOSE

Physician retirement has important impacts on medical learners as well as retiring physicians themselves. Retiring physicians take with them a wealth of knowledge, wisdom, and expertise and can feel a loss of identity, lack of fulfillment, and reduced social connectedness after leaving the institution. To address this, a novel educational program providing retired physicians with renewed educational roles was implemented in 2018 within a university-associated pediatric department. This study sought to explore the retired physicians' experiences in this new intergenerational program, including their motivations to reengage as educators after retirement.

METHOD

The authors designed this study using qualitative description. Semistructured interviews were conducted in the Department of Pediatrics of McGill University in 2019 with retired physicians who participated in the educational program's inaugural year. Role theory and psychosocial development theory were used to design the interview guide and inform the thematic analysis. Iterative analysis of the interview transcripts was deductive and inductive.

RESULTS

Of the 8 retired physicians who participated in the program's first cohort, 7 participated in this study. Analysis of the data yielded 4 main themes: a challenging shift to retirement, a desire for reengagement after retirement, role dissonance, and gaining by giving. The retired physicians were motivated to engage as educators. Although they experienced some discomfort in their new nonclinical roles, they described their experiences as fulfilling, with benefits such as intellectual stimulation, social connectedness, and a sense of purpose.

CONCLUSIONS

Retired physicians' motivations to reengage academically and their experiences contributing to educational activities in this program highlight the importance of supporting physicians during the transition to retirement and establishing formal programs to engage retired physicians as educators.

REATIVA: An Efficient Health Promotion Program during Retirement Transition

Retirement is a major life transition in adulthood that can cause vulnerability in individuals and their families. REATIVA is a face-to-face health intervention program that aims to promote the perception of self-efficacy and facilitate the transition to retirement of individuals and families. This article presents the efficiency of this program. A quasi-experimental study was conducted on 56 new retirees and families enrolled in the Portuguese National Health Service. The efficiency of the program was evaluated with the General Self-Efficacy (GSE) scale, which assesses self-efficacy, and the Retirement Adaptation Perception (EPFAR) scale, which assesses the perception of adaptation to retirement. The data were processed in IBM SPSS 27 software. An average positive change was found regarding the GSE and EPFAR in all participants of the REATIVA program. Notably, the MANOVA test with Greenhouse–Geisser correction revealed a significant effect of the program over time in the EPFAR scale (F = 17.405, p = 0.001; η2 = 0.554; PO = 0.982). The REATIVA program was found to be efficient in the promotion of individual and family health during the transition to retirement as an active and healthy aging process. New methodologies and intervention strategies were identified that could improve the efficacy of the program; namely, the involvement of more family members and using a blended approach.

Ajustamento à Aposentadoria: Relações com Saliência de Carreira e Realização de Carreira

Resumo A aposentadoria requer a reorganização de prioridades, atividades e papéis de vida. A teoria da continuidade considera que essa reorganização será maior quando a carreira profissional é uma prioridade pessoal ou quando objetivos de carreira não foram alcançados. Medidas de saliência de carreira, realização de carreira, ajustamento na aposentadoria, percepções de saúde, recursos financeiros e senso de domínio foram respondidas por 454 aposentados, com idade média de 64 anos, 66% mulheres, ativos e inativos. Realização e saliência de carreira explicaram o ajustamento para além dos dados demográficos e dos recursos financeiros e de saúde. A realização de carreira elevou o ajustamento em aposentados inativos e o prejudicou em aposentados ativos. Houve efeito supressor da saliência de carreira sobre a influência da realização de carreira no ajustamento. Conclui-se que a saliência e a realização de carreira são variáveis a serem levadas em consideração no planejamento de programas de preparação para a aposentadoria.

Exploring the relationship between working history, retirement transition and women's life satisfaction

How does the transition to retirement affect female subjective wellbeing? The major theoretical perspectives that have been applied as frameworks to study the heterogeneous adjustment to retirement include role theory and continuity theory. They have often been integrated with a lifecourse approach, which allows us to study retirement as a transition set inside a lifelong process. In this paper, I assess how working life courses are related to changes in subjective wellbeing before and after retirement, using data from the Survey of Health, Ageing and Retirement in Europe (SHARE) and concentrating on women. Firstly, I conduct sequence analysis and cluster analysis to identify groups of typical working lifecourses from ages 20 to 50. Secondly, regression models estimate how retirement transition is associated with changes in life satisfaction, according to the different working trajectories. The results show that some of the trajectories, constituted of discontinuity or part-time periods, exhibit a continuous increase in life satisfaction, passing from employment (or unemployment) to retirement. For other trajectories, such as the full-time one, retirement seems not to have implications for subjective wellbeing.

Attitudes towards working in retirement: a latent class analysis of older workers' motives

One of the fastest growing labour market groups is working pensioners, meaning those who work past the statutory retirement age whilst receiving a pension. Previous research has investigated the motives of this group and found very heterogeneous reasons for employment in retirement. However, little is known about the expectations and preferred work arrangements of older workers regarding a potential post-retirement employment. Using data from the German survey transitions and old age potential, we explore older workers’ motives, preferences and expectations towards working in retirement. Results show that about half of the respondents plan to work in addition to receiving a pension; however, the share is higher amongst men and those with higher levels of education. The motives for staying in post-retirement employment vary as well: using latent class analysis, we find four distinct patterns of motives that can be classified as (1) financially-driven, (2) status-driven, (3) contact and fun-driven, as well as (4) generativity-driven, underlining the complexity of retirement decisions. Furthermore, preferences regarding arrangements when combining work and retirement are very heterogeneous. Whilst highly educated men want to work as self-employed, women and those with lower qualifications want to stay in their old jobs. Only small differences were found regarding preferred hours (about 17) and days per week (2.24). In summary, the results show that the rapidly growing group of working pensioners and their preferences should be seen as characterised by differences by those responsible for creating these post-retirement employment opportunities.

Leaving the military to work in civilian society: career adaptability by South Korean short- and mid-term veterans

Purpose

Military officials who become accustomed to the distinct culture of the military face a variety of challenges when attempting to transition into the civilian workforce as veterans. These hardships even pertain to short- and mid-term veterans (SMVs) who leave the military at early career stages to pursue alternative career options. In this study, the authors explored the career construction decisions made by South Korean SMVs who left their military careers and successfully transitioned into the civilian workforce.

Design/methodology/approach

The authors used a phenomenology approach and conducted a semi-structured interview with 19 SMVs to unpack their career transition experiences.

Findings

The authors identified the motivational factors that encourage SMVs to develop their four career adaptabilities and illustrated the necessity for such qualities pre- and post-transition. Furthermore, the authors characterized each individual experience by the theoretical constructs of career adaptability and highlighted the contextual characteristics that prompted the emergence of career adaptability.

Originality/value

This study contributes to the understanding of career mobility at early career stages and how career adaptability is developed and manifested in the context of transitioning from the military to civilian society.

Evolution and impact of self-efficacy during French COVID-19 confinement: a longitudinal study

Based on social cognitive theory, we propose that self-efficacy is a personal resource that protects people from the impact of confinement in the context of the COVID-19 pandemic. In a longitudinal study where 197 French citizens were surveyed over 8 weeks of confinement (though only 25 participants responded each of these 8 weeks), we examined the relationships between general self-efficacy and positive affect, negative affect and adaptive performance at work. Consistent with theoretical expectations, self-efficacy was relatively stable during confinement and was positively related to positive affect and negatively related to negative affect. Self-efficacy was also positively correlated with all dimensions of adaptive performance at work during confinement. The role of self-efficacy as a protective factor against depressive risks induced by the stressful COVID-19 pandemic is discussed.

Cultural Variability in the Association Between Age and Well-Being: The Role of Uncertainty Avoidance

Past research has found a mixed relationship between age and subjective well-being. The current research advances the understanding of these findings by incorporating a cultural perspective. We tested whether the relationship between age and well-being is moderated by uncertainty avoidance, a cultural dimension dealing with society's tolerance for ambiguity. In Study 1 (N = 64,228), using a multilevel approach with an international database, we found that older age was associated with lower well-being in countries higher in uncertainty avoidance but not in countries lower in uncertainty avoidance. Further, this cultural variation was mediated by a sense of control. In Study 2 (N = 1,025), we compared a culture with low uncertainty avoidance (the United States) with a culture with high uncertainty avoidance (Romania) and found a consistent pattern: Age was negatively associated with well-being in Romania but not in the United States. This cultural difference was mediated by the use of contrasting coping strategies associated with different levels of a sense of control.

Expanding the Occupational Therapy Role to Support Transitions From Work to Retirement for People With Progressive Health Conditions

Occupational therapists have an established and important role in helping people work while living with an illness or a disability. Although workplace accommodations and rehabilitation efforts can extend paid work for workers with progressive health conditions, the reality is that these populations often cease work earlier in the life trajectory than expected. Evidence suggests that transitioning out of paid work is difficult for people with disabilities. For example, factors such as poor health, low income, and involuntary retirement put people with multiple sclerosis at risk for poor adjustment. Given society’s emphasis on paid work, the transition to unpaid work has received little attention. Occupational therapy practitioners are well positioned to contribute to enhancing the quality of life of people in work-cessation transitions who are not of traditional retirement age.

Effects of Working Couple's Retirement Sequence on Satisfaction in Patriarchal Culture Country: Probing on Gender Difference

We examined the effects of the differences in the retirement sequence (i.e., who retires first between spouses) on satisfaction in Korea of patriarchal culture. Our empirical study demonstrates that households where men retired first had a much lower satisfaction than households where women retired first. In addition, men were found to show lower satisfaction than wives in both households where women retire first and the households where men retire first. Retirement sequence affecting their satisfaction at the point when only one of the spouses is retired continues to affect their satisfaction after both of them are retired. This means that the difference in the couple's retirement sequence has an ongoing effect on their later happiness. The analysis of the effect of a couple's retirement sequence on the satisfaction in their old life may be useful for improving an individual and couples' quality of life in countries with similar cultures.

Biopsychosocial and Retirement Factors Influencing Satisfaction With Life: New Perspectives

Founded on expectation confirmation theory and a resource perspective, this research examines the impact of retiree resources, retirement planning, conditions of work exit, and confirmation of retirement expectations on satisfaction with life in retirement. The study of 543 retirees found significant effects of retiree resources (i.e., self-efficacy, health, and income), confirmation of retirement expectations, ageism, retirement planning, and conditions of exit on retirees' satisfaction with life. The study also showed that self-efficacy, activity participation, health, income, ageism, and retirement planning significantly impacted confirmation of retirement expectations, although conditions of exit did not significantly affect confirmation of retirement expectations.

Factors Influencing Clinical Correlates of Chronic Traumatic Encephalopathy (CTE): a Review

Chronic traumatic encephalopathy (CTE) is a neuropathologically defined disease reportedly linked to a history of repetitive brain trauma. As such, retired collision sport athletes are likely at heightened risk for developing CTE. Researchers have described distinct pathological features of CTE as well a wide range of clinical symptom presentations, recently termed traumatic encephalopathy syndrome (TES). These clinical symptoms are highly variable, non-specific to individuals described as having CTE pathology in case reports, and are often associated with many other factors. This review describes the cognitive, emotional, and behavioral changes associated with 1) developmental and demographic factors, 2) neurodevelopmental disorders, 3) normal aging, 4) adjusting to retirement, 5) drug and alcohol abuse, 6) surgeries and anesthesia, and 7) sleep difficulties, as well as the relationship between these factors and risk for developing dementia-related neurodegenerative disease. We discuss why some professional athletes may be particularly susceptible to many of these effects and the importance of choosing appropriate controls groups when designing research protocols. We conclude that these factors should be considered as modifiers predominantly of the clinical outcomes associated with repetitive brain trauma within a broader biopsychosocial framework when interpreting and attributing symptom development, though also note potential effects on neuropathological outcomes. Importantly, this could have significant treatment implications for improving quality of life.

Continuity in Well-Being in the Transition to Retirement

Abstract. We review recent longitudinal studies on change and continuity in well-being during the retirement transition. Our conclusion is that most retirees maintain their level of well-being over retirement. Some studies, however, provide evidence for a substantial heterogeneity and dynamic effects. A smaller subgroup experiences losses in resources and challenges which compromise their well-being. Various adaptive actions seem to help to cope with losses, but we still lack more detailed information about the role and effects of these coping strategies. Future longitudinal studies need to address the role of and interplay among these adaptive behaviors over the retirement transition to improve our understanding of continuity and change in postretirement well-being.

A longitudinal investigation of repressive coping and ageing

OBJECTIVES

Two studies investigated the possibility that repressive coping is more prevalent in older adults and that this represents a developmental progression rather than a cohort effect. Study 1 examined repressive coping and mental health cross-sectionally in young and old adults. Study 2 examined whether there was a developmental progression of repressive coping prevalence rates in a longitudinal sample of older adults.

METHOD

Study 1 compared younger adults (mean age 27.6 years) with older adults (mean age 74.2 years) on inventories of mental health and well-being and examined the prevalence of repressive coping in both samples. Study 2 re-tested a sample of older adults previously reported following an interval of 7 years.

RESULTS AND CONCLUSION

Study 1 - in line with previous research older adults demonstrated greater psychological well-being and had a higher prevalence of repressive coping than younger adults (at 30% vs. 12% respectively). Study 2 - the data indicated that the prevalence of repressive coping rose from 41% at the first time of testing (2002) to 56.4% at the second testing interval (2009). These results suggest that repressive coping may increase across the lifespan in certain individuals and continue to increase throughout older adulthood. Furthermore, this increase in repressive coping with age appears to result in better well-being in those older adults who become repressive copers.

Career and Vocational Assessment 1995-1996: A Biennial Review

This selective review of career assessment literature covers the period 1995 to 1996. The authors emphasize published research related to vocational theories and instruments, particularly research concerning career counseling and individual career development, and identify trends and new advances in career assessment. They conclude that Holland's vocational typology continues to be prominent, that the structure of interests is an unresolved issue, that more research has been conducted in previously neglected areas, that the development of new measures and improvement of old ones continues at a rapid pace, that type of methodology affects results, and that other literatures contain possibilities for career assessment. The authors also suggest implications for policy and research.

Reconceptualizing retirement: A status-based approach

The one thing on which essentially all retirement scholars agree is that there is no generally accepted definition of the term "retirement." Hence, it is not surprising that a plethora of competing models of the stages of retirement has been generated. To cut this Gordian knot, this paper proposes that the concept of statuses, which are not necessarily mutually exclusive or sequential, replace the idea of stages. Statuses better reflect observed human behavior and are more open to multicultural application, thus facilitating retirement research and clinical practice. The retirement statuses proposed here, which can exist in any combination or sequence, are retrenchment, exploration, try-out, involvement, reconsideration, and exiting (forming the acronym RETIRE).

Health Change in Retirement

This study examined health change in retirement. Using multiactor panel data on 778 Dutch older workers who experienced the transition into retirement, ordinary least squares regression models were estimated to explain changes in medical consumption, the severity of health problems, and perceived health. The results show that retirement does not categorically harm or benefit health. Instead, health consequences vary across individuals and according to the health measures adopted. The results suggest that employees' failure to control retirement according to their wishes adversely affects health. Older workers who perceived retirement as involuntary showed decreases in perceived health. The results do not provide empirical support for the hypothesis that the health consequences of retirement differ according to working conditions or job characteristics or older workers' access to resources in terms of income and social contacts. Psychological factors play a role: Fear of retirement and self-efficacy are associated with health change in retirement.

Is There Life without Work?

The present study examined the way retirees perceive retirement and continue to work post-retirement. Using a longitudinal design, qualitative and quantitative analyses were performed to examine the effect of preoccupation with work on adjustment to retirement. The findings indicate a wide range of attitudes toward cessation of the working life on the eve of retirement. In addition, most retirees reported increased well-being and decreased distress one year after retirement. Although for all participants a correlation was found between adjustment and preoccupation with work on the eve of retirement, no difference in the adjustment measures emerged a year later between those who were fully retired and those who continued to work. The implications of the findings for both personal well-being and social policy are discussed.

Psychosocial factors in retirement intentions and adjustment: a multi-sample study

Purpose

– Retirement adjustment is the process by which aged workers become accustomed to the changed facts of life in the transition from work to retirement and develop psychological well-being in their post-working life. The purpose of this paper is to explore the psychosocial factors that significantly explain retirement intentions and retirement adjustment, using two separate empirical studies.

Design/methodology/approach

– Retirement self-efficacy, low work involvement, older worker identity and relative deprivation significantly explained retirement intentions (bridge employment engagement, part-time retirement, late retirement and full retirement) of workers over 60 years (Study 1, n=157). Retirement adjustment indices (retirement satisfaction, feelings of anxiety and depression) were associated with psychosocial factors for retirees (Study 2, n=218).

Findings

– The findings highlight that retirement self-efficacy and older worker identity positively and significantly explained both full retirement of aged workers and retirement satisfaction of retirees. Relative deprivation negatively significantly explained partial and late retirement intentions and retirement satisfaction of retirees.

Research limitations/implications

– The implications of these studies are discussed for understanding retirement planning and counselling practice.

Practical implications

– Retirement adjustment conceptualized as a process has important implications for retirement planning, and consequently can influence the project of the life course, as well as career’s decisions.

Social implications

– Social contexts should consider all factors that can negatively affect self-efficacy, work involvement and identity of employees in the mid and late-career stages, and thus contribute to reinforce and strengthen personal and psychosocial resources involved in planning and adaptation to retirement, and to increase the insight into the planning and decisions older workers make to face retirement.

Originality/value

– This work had two goals, pursued by two empirical studies with two samples: workers over 60 years, and retirees. The authors contend that the availability of two different sets of data increases the generalizability of the findings.

Individual Differences in Work-Related Well-Being: The Role of Attachment Style

Integrating theories of adult attachment and well-being at the workplace, the present study tested the role of attachment style in predicting work-related well-being in terms of job satisfaction and job involvement, over and above dispositional trait measures (emotional traits and work-related traits). A sample of workers took part in a correlational study that explored the relationships among a) adult attachment, b) emotional traits, c) work-related traits, and d) work-related well-being indices. The results showed that both secure and anxious attachment style explained workers’ job involvement, whereas the secure and avoidant attachment styles explained workers’ job satisfaction. The current findings thus confirm and expand the literature's emphasis on studying the variables and processes that underlie people's mental health in the work setting, and have implications for assessing and promoting well-being in the workplace.

Improving retirement outcomes: the role of resources, pre-retirement planning and transition characteristics

Retirement is an inherently complex process due to the multitude of variables that influence it. The present article proposes that by combining our understanding of retirement phases (a conceptual framework) with a theory that specifies a general mechanism for retirement adaptation (a theoretical framework), we can improve how we research retirement. Accordingly, this study proposes and tests a model exploring the antecedents and consequences of the retirement process across three stages: Pre-retirement, Transition and Adaptation, using data collected from 550 Australian retirees. Multiple outcomes are explored, including adjustment, wellbeing and life satisfaction, as well as variables including planning, perception of wealth, resources and mastery. The model showed a significant influence of resources on both phases and outcomes, with mastery showing the strongest relationships of all the resources. Results suggest that outcomes in retirement may be improved by promoting retirement planning, improving exit conditions and building key resources, in particular, mastery. Overall, the model demonstrates the value of combining theory and conceptual frameworks to inform the specification of statistical models to research retirement. Research implications and alternative models are discussed.

Ténacité et flexibilité dans la poursuite de projets personnels: Impact sur le bien-être à la retraite

This research pertained to personal goals during retirement and especially to the influence of tenacity and flexibility on measures of psychological well-being. The participants (N = 147) had been retired for less than three years and were aged between 49 and 75 years (M = 58 years). The participants had to identify four personal goals and rate each of them along 15 dimensions. Psychological well-being was evaluated with scales of depression, self-esteem and life satisfaction. Regression analyses showed that flexibility in the presence of obstacles to the realization of goals accounts for 44 per cent of the variance in depression, 29 per cent of life satisfaction and 25 per cent of self-esteem. Tenacity had a more modest impact. Flexibility seems to be the strategy which is most useful in facing difficulties in the pursuit of goals during retirement.

Do Men and Women Differ in Their Retirement Planning? Testing a Theoretical Model of Gendered Pathways to Retirement Preparation

Previous literature has situated retirement and retirement planning within the male’s domain by positioning women as unconcerned and therefore ill prepared for retirement. However, women’s increasing representation in the workforce requires a reexamination of their retirement plans and the factors that enable them. In this study, a subsample of 2,277 working men and women from the New Zealand Health, Work, and Retirement Survey provides the basis for a structural equation model examining the effects of socioeconomic status, work involvement, and retirement perceptions on retirement planning. This model also tests for gender differences to assess the extent to which women are disadvantaged in terms of their retirement planning and the factors that may affect retirement plans. Results indicated that perceptions of retirement and economic living standards were associated with financial preparedness. However, women were still economically disadvantaged compared to men and this impacted negatively on their financial preparations. Retirement and retirement planning is now of greater concern for women. Future promotional initiatives should be aimed at these groups to assist their financial preparations for the future.

Les facteurs influençant le bien-etre psychologique à la retraite

The present study focused on variables influencing psychological well-being during the period of adjustment to retirement (6 to 36 months). The sample included 141 respondents – 69 retired men and 72 retired women – who completed questionnaires evaluating life satisfaction, retirement satisfaction, and psychological well-being. Variables traditionally examined (socio-demographic, health, attitude, and social) explained 45 to 57 per cent of the variance related to life and retirement satisfaction, but explained a smaller percentage (9 to 37%) of the variance related to the six dimensions of psychological well-being. This study, therefore, confirmed the impact of traditional variables on life and retirement satisfaction but brought out the importance of investigating other variables that could explain psychological well-being during retirement.

Retirees' Social Identity and Satisfaction with Retirement

The purpose of this study was to examine the structure of retirees' social identity and its impact on satisfaction with retirement. From social identity theory formulations, we assumed that (1) retiree-identity was comprised of three distinct components (cognitive, evaluative, and affective), and (2) only the affective component would play a role in satisfaction with retirement. Results of the present study conducted with 154 retired people in France revealed only two components of social identity: a cognitive identity which refers to self-categorization as “retired people,” and an affective identity which refers to evaluation of the group and affective involvement. As expected, regression analyses results indicated that only affective identity was a predictor of satisfaction with retirement. These results will be discussed in the framework of social identity theory literature.

Couples' adjustment to retirement: a multi-actor panel study

OBJECTIVE

This study examines adjustment to retirement by couples. For both older workers and their partners, we investigate the extent to which adjustment is influenced by the context in which the transition is made and psychological factors shaped by individual expectations and evaluations prior to retirement. Moreover, we examine the extent to which partners influence each other in the process of adjusting to retirement.

METHODS

With use of multi-actor panel data from 559 older Dutch couples who experienced the transition into retirement of one of the partners, ordinary least squares, and three-stage least squares regression models are used to explain adjustment to retirement by both partners.

RESULT

Adjustment to retirement is influenced by the context in which the transition is made as well as individual psychological factors. A strong "quantitative" attachment to work (full-time jobs, long work histories), a lack of control over the transition, retirement anxiety (negative preretirement expectations), and low scores on self-efficacy are predictors of difficult adjustment. The extent to which partners influence each other in the process of adjusting to retirement appears to be limited.

DISCUSSION

Retirement affects both partners, albeit in a different way. Retirement preparation programs should pay attention to the fact that adjustment is an individualized process experienced differently by each partner.

Perceptions of and satisfaction with retirement: A comparison of six European Union countries

The main aim of this study was to assess perceptions of and satisfaction with retirement among 1,686 recently retired people from 6 European Union countries. The authors compared their responses to a set of questions taken from the Retirement Satisfaction Inventory (F. J. Floyd et al., 1992). The first significant result was that Belgian, British, Finnish, French, and Spanish retirees all expressed very similar assessments of life satisfaction, whereas Portuguese retirees expressed a lower level of satisfaction. The 2nd result was that the major determinants of overall satisfaction in the 6 countries were (a) health and resources and (b) anticipated satisfaction. Finally, the data revealed that cultural background only accounted for a limited amount of variance in overall satisfaction with retirement.

Applying work-role attachment theory to retirement decision-making

This study examined the relationships between work-role attachment variables (job involvement, affective organizational commitment, and career identification) and intention to retire. Results indicated that organizational commitment was negatively related to retirement intent. Contrary to expectations, job involvement displayed a positive relationship and career identification had no relationship to retirement intent.

The Retirement Satisfaction Inventory: Factor Structure in a French Sample

Summary: The Retirement Satisfaction Inventory ( Floyd, Haynes, Doll, Winemiller, Lemsky, Burgy, Werle, & Heilman, 1992 ) was applied to a heterogeneous sample of male (n = 295) and female (n = 260) French retirees. Exploratory and confirmatory factor analyses produced consistent subscales. In the sections on “Reasons for retirement” and “Sources of enjoyment” of the inventory, the factor structure observed was similar to that observed in the American sample. Four and three factors were identified, respectively, and they are interpretable in the terms proposed by Floyd et al. (1992) . In the section “Satisfaction with life,” there were more discrepancies between American and French results. “Overall satisfaction with retirement” was reasonably well predicted thanks to the combination of four predictors: satisfaction with health and resources, anticipated satisfaction, satisfaction with marriage and family, and regained freedom and control. As in Floyd et al. (1992) , few effects regarding age, gender, socioeconomic status, and length of retirement were found.