This study suggests that both perceived losses and gains associated with retirement and social support during retirement should be taken into account when addressing postretirement well-being.

Retirement self-efficacy includes perceptions of the extent to which one will be capable of dealing with the tasks involved in the new retiree situation. This study analyzed the psychometric properties of the Brief Retirement Self-Efficacy-11 Scale (BRSE-11) with Spanish workers aged below 62 (N ¼ 694) and tested these properties with Spanish workers aged over 62 (N ¼ 593). Method: We conducted descriptive analysis for the items and exploratory factor analysis with Sample 1 and confirmatory factor analysis (CFA) with Sample 2. Cronbach's a and CFA were used to assess the internal consistency in both samples, and convergent, discriminant, and nomological validity of the RSE-11 were tested through relationships with general self-efficacy and life satisfaction. Results: Reliability values were adequate, and criterion and discriminant validity for the three factors of the BRSE-11 were supported. BRSE had a significant correlation with general self-efficacy. The three BRSE-11 factors increased the explained variance in life satisfaction after the introduction of general self-efficacy in the hierarchical regression analyses.

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