Psychological morbidity after job retirement: A review

Mukku, Shiva Shanker Reddy; Harbishettar, Vijaykumar; Sivakumar, Palanimuthu T.

doi:10.1016/j.ajp.2018.08.003

Cited by 30 publications

(17 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The finding is also contrary to studies in developed countries that demonstrated that working in an occupation characterized by higher levels of mental demands was associated with better cognitive functioning before retirement, and a slower rate of cognitive impairment after retirement [61,62]. However, in consistence with our finding, recent studies in developing countries suggest that retirement also provides a fair opportunity to engage in longpending social activities, also known as the 'honeymoon effect' and reduce negative feelings so as to optimize cognitive functioning [63][64][65]. Other research suggests that retirement and involvement in voluntary activities, meeting with relatives, and participation in other social activities results in cognitive preservation [66].…”

Section: Discussioncontrasting

confidence: 99%

Association of self-perceived income sufficiency with cognitive impairment among older adults: a population-based study in India

2021

View full text Add to dashboard Cite

Background Greater cognitive performance has been shown to be associated with better mental and physical health and lower mortality. The present study contributes to the existing literature on the linkages of self-perceived income sufficiency and cognitive impairment. Study also provides additional insights on other socioeconomic and health-related variables that are associated with cognitive impairment in older ages. Methods Data for this study is derived from the 'Building Knowledge Base on Population Ageing in India'. The final sample size for the analysis after removing missing cases was 9176 older adults. Descriptive along with bivariate analyses were presented to show the plausible associations of cognitive impairment with potential risk factors using the chi-square test. Also, binary logistic regression analysis was performed to provide the relationship between cognitive impairment and risk factors. The software used was STATA 14. Results About 43% of older adults reported that they had no source of income and 7.2% had income but not sufficient to fulfil their basic needs. Older adults with income but partially sufficient to fulfil their basic needs had 39% significantly higher likelihood to suffer from cognitive impairment than older adults who had sufficient income [OR: 1.39; OR: 1.21–1.59]. Likelihood of cognitive impairment was low among older adults with asset ownership than older adults with no asset ownership [OR: 0.83; CI: 0.72–0.95]. Again, older adults who work by compulsion (73.3%) or felt mental or physical stress due to work (57.6%) had highest percentage of cognitive impairment. Moreover, older adults with poor self-rated health, low instrumental activities of daily living, low activities of daily living, low subjective well-being and low psychological health were at increased risk for cognitive impairment. Conclusion The study highlights the pressing need for care and support and especially financial incentives in the old age to preserve cognitive health. Further, while planning geriatric health care for older adults in India, priority must be given to financially backward, with no asset ownership, with poor health status, older-older, widowed, and illiterate older individuals, as they are more vulnerable to cognitive impairment.

show abstract

Section: Discussioncontrasting

confidence: 99%

Association of self-perceived income sufficiency with cognitive impairment among older adults: a population-based study in India

2021

View full text Add to dashboard Cite

show abstract

“…Beshears, Choi, Laibson, & Madrian (2018) further explain that people are reluctant to face unrealised losses as they perceive losses as more painful and thus, making changes slowly while cutting losses. Prior research also indicates that cultural differences in Western countries have a higher tendency of self-attribution bias compared to Eastern countries (Mezulis, Abramson, Hyde, & Hankin, 2004;Mukku, Harbishettar, & Sivakumar, 2018). The existence of a high level of underperformed trading activities in equity markets is revealed to have significant relationship with the presence of overconfidence (Dewan & Dharni 2019).…”

Section: Self-attribution Bias Mental Health and Financial Planning Behaviourmentioning

confidence: 92%

The Moderating Effect of Mental Health in Familiarity Bias and Self-Attribution of Financial Planning Behaviour among Malaysians

Tan

Lim

Cheah

2021

EEA

View full text Add to dashboard Cite

The growth of ageing population with prolonged life expectancy, decreased morbidity and cost of inflation rate among many countries have triggered huge socioeconomic challenges. Malaysia is expected to be labelled as the ageing nation in 2035 and thus, financial planning rests on the personal responsibility of many Malaysians. Financial planning behaviour is not only affected by economic living standard; mental health is one of the predictor variables in financial preparedness. This paper attempts to shed light on the intricacies in the relationships among familiarity bias, self-attribution bias and the mental health in financial planning behaviour among Malaysians by revisiting the Prospect Theory. Individuals who are mentally healthier tend to ignore risks as they get more comfortable and familiar with a particular stock when making decisions in financial planning. Investors who are self-attribution bias are more inclined to have high optimism towards their own capability and abilities under different circumstances moderated by their mental health. For instance, young working adults in Malaysia who have better mental health disposition are found to be overoptimistic and neglect the importance of financial planning.

show abstract

“…Retirement can be defined as a withdrawal of older individuals from their active positions in jobs and careers (Mukku, Harbishettar & Sivakumar, 2018). The role theory (Cottrel, 1942) postulates that with retirement, individuals experience role loss and struggle with the aging process.…”

Section: Introductionmentioning

confidence: 99%

Social Engagement and Retirement Satisfaction: Evidence from Indonesia

Nizeyumukiza

Pierewan

Ndayambaje

et al. 2020

JPSS

View full text Add to dashboard Cite

Little is known about the association between social engagement and retirement satisfaction in the developing world. This study examines the association between social engagement and retirement satisfaction in Indonesia, a developing country. The data come from the Indonesia Family Life Survey (IFLS fifth wave) which took place in late 2014 and early 2015. After narrowing the survey so that it would pertain exclusively to retired individuals, a sample of 1,316 Indonesian retirees was yielde. Logistic regression was performed to estimate this relationship after controls were established around a set of confounding variables. The main findings show that social engagement increases the odds of being satisfied with retirement. Specifically, an increase of one unit of social engagement is associated with an increase in the odds of being satisfied with retirement by 21%. The study suggests that policies and programs that can stimulate retired individuals to actively participate in social life in their environments should be developed and prioritized.

show abstract

Psychological morbidity after job retirement: A review

Cited by 30 publications

References 23 publications

Association of self-perceived income sufficiency with cognitive impairment among older adults: a population-based study in India

Association of self-perceived income sufficiency with cognitive impairment among older adults: a population-based study in India

The Moderating Effect of Mental Health in Familiarity Bias and Self-Attribution of Financial Planning Behaviour among Malaysians

Social Engagement and Retirement Satisfaction: Evidence from Indonesia

Contact Info

Product

Resources

About