Resource Loss and Gain, Life Satisfaction, and Health Among Retirees in Spain

Topa, Gabriela; Jiménez, Irene; Valero, Encarna; Ovejero, Anastasio

doi:10.1177/0898264316635589

Cited by 14 publications

(14 citation statements)

References 45 publications

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“…In the case of gains, we calculated reliability for the total scale, finding a value of α = 0.78. The indicators in previous research were also adequate, although somewhat higher than our findings [40].…”

Section: Methodscontrasting

confidence: 79%

“…Gains and losses of resources (T2): The COR Evaluation [31] questionnaire (the version translated into Spanish) was used [40]. The complete questionnaire contains 65 items, which includes a list of resources, and it asks people to assess their real losses and gains in the period after retirement, using a five-point Likert scale ranging from 1 (no loss/gain) to 5 (total loss/gain).…”

Section: Methodsmentioning

confidence: 99%

“…In short, it seems that, on the one hand, the COR provides a broad theoretical framework to understand the process of change associated with the work-retirement transition and some of the effects associated with retirement, and it is complemented by the resource-based dynamic perspective. However, its specific application to this area through empirical studies is still incipient [14,40]. In this sense, the present work proposes to explore the influences of perceived retirement-related losses and gains on the indicators of retirees’ adjustment.…”

Section: Introductionmentioning

confidence: 99%

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Quality of Life and Health: Influence of Preparation for Retirement Behaviors through the Serial Mediation of Losses and Gains

Hurtado

Topa

2019

IJERPH

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The dynamic theory of resources is a recent approach that provides a theoretical framework for understanding, forecasting, and examining the relationships between people’s resources and their adaptation to retirement. This article focuses on the transition to retirement in order to better understand how retirees’ perceptions of their gains and losses when they approach retirement significantly explain their well-being after retirement. Moreover, we explore the relationship between people’s preparation behaviors before retirement (T1) and their quality of life and health after retirement (T3), taking into consideration the mediating role of perceived gains and losses in retirement (T2). This study was carried out with a sample of Spanish workers (N = 244) who were employed at T1 and had retired at T2 and T3. The results support the assertion that losses explain well-being better than gains. In addition, some specific losses showed a greater explanatory power for quality of life and health than others. The implications are discussed with a view to understanding retirement and the design of interventions.

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Section: Methodscontrasting

confidence: 79%

Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Quality of Life and Health: Influence of Preparation for Retirement Behaviors through the Serial Mediation of Losses and Gains

Hurtado

Topa

2019

IJERPH

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“…Regarding this pattern, we must take into account that ER not only implies losing social relations made up of colleagues and supervisors, but it also offers the possibility of gaining stronger contacts with family. Hence, family and partner involvement are very important to deal with retirement transition (Feldman, 2013 ), as supported by recent evidence (Topa et al, 2017a ; Yeung and Zhou, 2017 ).…”

Section: Discussionmentioning

confidence: 79%

Early Retirement: A Meta-Analysis of Its Antecedent and Subsequent Correlates

2018

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Early or voluntary retirement (ER) can be defined as the full exit from an organizational job or career path of long duration, decided by individuals of a certain age at the mid or late career before mandatory retirement age, with the aim of reducing their attachment to work and closing a process of gradual psychological disengagement from working life. Given the swinging movements that characterize employment policies, the potential effects of ER—both for individuals and society—are still controversial. This meta-analysis examined the relationships between ER and its antecedent and subsequent correlates. Our review of the literature was generated with 151 empirical studies, containing a total number of 706,937 participants, with a wide range of sample sizes (from N = 27 to N = 127,384 participants) and 380 independent effect sizes (ESs), which included 171 independent samples. A negligible ES value for antecedent correlates of early retirement (family pull, job stress, job satisfaction, and income) was obtained (which ranged from r = −0.13 to 0.19), while a fair ES was obtained for workplace timing for retirement, organizational pressures, financial security, and poor physical and mental health, (ranging from r = 0.28 to 0.25). Regarding ER subsequent correlates, poor ESs were obtained, ranging from r = 0.08 to 0.18 for the relationships with subsequent correlates, and fair ESs only for social engagement (r = −0.25). Examination of the potential moderator variables has been conducted. Only a reduced percentage of variability of primary studies has been explained by moderators. Although potential moderator factors were examined, there are several unknown or not measurable factors which contribute to ER and about which there are very little data available. The discussion is aimed to offer theoretical and empirical implications suggestion in order to improve employee's well-being.

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“…Concerning the opportunity dimension, a great amount of studies have relied on social support (Topa et al, 2017a ), but the relationships with FPR of both organizational climate for older workers and aging stereotypes should also be taken into account. First, a healthy organization that provides older workers with motivational task design and generates an environment where successful aging is possible could positively influence not only employees' pre-retirement well-being (Guglielmi et al, 2016 ), but also their FPR.…”

Section: Further Extensionsmentioning

confidence: 99%

Financial Planning for Retirement: A Psychosocial Perspective

2018

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Retirement is a time of life that has grown ever longer in the developed world, and the number of pensioners has increased accordingly, questioning the strength of Social Security systems and the social safety net in general. Financial Planning for Retirement (FRP) consists of the series of activities involved in the accumulation of wealth to cover needs in the post-retirement stage of life. The negative short-, mid-, and long-term consequences of inadequate Financial Planning for Retirement do not only affect individuals, but also their extended families, homes, eventually producing an unwanted impact on the entire society. The Capacity-Willingness-Opportunity Model has been proposed to understand FPR, combined with Intentional Change Theory, a framework for understanding the process, antecedents and consequences of FPR. From this perspective, we propose this promising model, but there are a large number of variables that have not been included that offer novel ways to deepen our understanding of FPR. A focus on each dimension of the model, the role of age and psychosocial variables associated with demographic indicators such as gender, health status, and migration, allow us to provide a proposal of scientific advancement of FPR.

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Resource Loss and Gain, Life Satisfaction, and Health Among Retirees in Spain

Abstract: 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.

Cited by 14 publications

References 45 publications

Quality of Life and Health: Influence of Preparation for Retirement Behaviors through the Serial Mediation of Losses and Gains

Quality of Life and Health: Influence of Preparation for Retirement Behaviors through the Serial Mediation of Losses and Gains

Early Retirement: A Meta-Analysis of Its Antecedent and Subsequent Correlates

Financial Planning for Retirement: A Psychosocial Perspective

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