Retirement decision-making influenced by family and work relationships

Figueira, Desirée Ariane Modos; Haddad, Maria do Carmo Lourenço; Gvozd, Raquel; Pissinati, Paloma de Souza Cavalcante

doi:10.1590/1981-22562017020.160127

Cited by 12 publications

(14 citation statements)

References 10 publications

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“…As hypothesized, the study indicates negative yet direct effect of Family Relationships over IRA (β= -0.090), which says that having a healthy family relationship encourages employee to take an early retirement. This result has been confirmed by previous study revealing that especially close spousal relationship compels the employee to take an early retirement for spending time together after retirement [41].…”

Section: Stepwise Regressionsupporting

confidence: 86%

When do you Retire? Examining Intended Retirement Age Decision among Public Sector Employees in Sri Lanka

Madhuwanthi

2020

SAJSSE

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With the growing number of ageing population in Sri Lanka and continuous expansion in the public sector employment tend to create dynamic consequences on the economy. While mandatory retirement age in the public sector is forcing the employees to quit from the job yet rising ageing population in the country is seeking for employment opportunities for retirees. Hence, the objective of this study is to find out factors affecting intended retirement age decision among the public sector employees in Sri Lanka. The theoretical lens used in the study is theory of planned behaviour. This is a quantitative study which applied stepwise regression and path analysis to examine the factors affecting intended retirement age. The sample was consisted of 400 staff grade public sector officials and conducted a survey through a self-administered questionnaire. The results indicated that perceived health and attitudes of the employees towards the retirement are the major factors influenced on intended retirement age decision among the public sector employees. Employees’ job satisfaction and family relationships have some impact whilst anticipated financial position has a minor impact on intended retirement age. The findings indicated the public sector organizations need to introduce health insurance schemes for employees and to maintain an attractive organizational environment and friendly organizational culture to inculcate positive attitudes towards working environment in order to delay the retirement of the employees.

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Section: Stepwise Regressionsupporting

confidence: 86%

When do you Retire? Examining Intended Retirement Age Decision among Public Sector Employees in Sri Lanka

Madhuwanthi

2020

SAJSSE

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“…Segundo essa autora, o rompimento do trabalho no horizonte profissional acarreta um estado de impotência no sujeito, que pode se sentir desamparado e angustiado. Desse modo, a literatura científica tem destacado a importância de se compreender as relações entre a aposentadoria e os processos de saúde e doença (Figueira, Haddad, Gvozd, & Pissinati, 2017;Loureiro, Mendes, Camarneiro, Silva, & Pedreiro, 2016;Torres, Camargo, Boulsfield, & Silva, 2015).…”

Section: Introductionunclassified

Adoecimento e aposentadoria: relato de uma experiência profissional em aconselhamento psicológico

Scorsolini‐Comin

Rossi

Curtiço

et al. 2019

PSSA

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O aconselhamento psicológico é uma modalidade de atendimento que pode compor o rol de intervenções em Programas de Preparação para a Aposentadoria (PPAs). Entre os anos de 2014 e 2017, foi desenvolvido uma extensão vinculada a um estágio curricular em Psicologia em uma cidade de médio porte do Estado de Minas Gerais, com o objetivo de ofertar o aconselhamento psicológico a pessoas em processo de preparação para a aposentadoria. O objetivo deste estudo é relatar uma experiência profissional a partir de um estudo de casos múltiplos com foco no processo de adoecimento na aposentadoria. Os casos apresentados revelam dificuldades importantes, decorrentes tanto de processos de adoecimento como de aposentadoria por invalidez, e que puderam ser acolhidas em intervenções breves. O referencial da Psicologia Positiva mostrou-se útil no sentido de potencializar o desenvolvimento de recursos para o enfrentamento de situações complexas, bem como para ressignificação da aposentadoria como sendo um processo exclusivo de perdas e decréscimos associados ao envelhecimento e à terminalidade.

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“…There is a significant association between environmental influence and retirement planning as posited by previous literature (Figueira et al, 2017;Wata et al, 2015). Comparably, the life-course, ecological theory (Silver, 2007), provides evidence that individuals shaped by environmental factors throughout different stages in life such as family history and working factors may influence retirement planning.…”

Section: Discussionmentioning

confidence: 74%

“…This study findings suggest that environment influence such as work and family environment were seen as influential on retirement planning. Environment integration at work provides a better quality of life and helps in the process of making retirement planning decision (Figueira et al, 2017). Hence, TNB and PETRONAS organization should involve family as well in retirement planning discussion to encourage early retirement preparation.…”

Section: Discussionmentioning

confidence: 99%

Psychological Process, Social and Environmental Influence on Retirement Planning: Malaysian Energy Industry Perspective

Jais

Asokumar

2020

Management &Amp; Marketing. Challenges for the Knowledge Society

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AbstractMalaysia currently begins to follow the global trends of an ageing population and expected to be an aged nation by 2040. Due to the unprecedented demographic patterns, ageing population coupled with longer longevity has posed a challenge, as most of the working individuals are still unprepared and not ready to face retirement because of poor planning for their golden years. Similarly, there is a growing aging workforce in the Malaysian energy industry that begets attention for retirement planning. Lack of adequate planning can be an obstacle to achieve a desired retirement life. Therefore, this study examined the determinants (i.e. psychological process, social influence and environmental influence) of employees’ retirement planning in the Malaysian energy industry. This study used a life-course, ecological theory to illustrate the relations between the constructs and retirement planning. This study relied on quantitative approach. A total of 171 questionnaires were collected from employees of the energy industry and were analysed using Partial Least Square Structural Equation Modelling (PLS-SEM) to test the proposed hypotheses. The results indicated that the psychological process, social influence and environmental influence have a positive association towards employees’ retirement planning in Malaysian energy industry. This study will also highlight some suggestions for improvement to encourage the employees to start saving early to achieve a sustainable quality retired life.

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Retirement decision-making influenced by family and work relationships

Cited by 12 publications

References 10 publications

When do you Retire? Examining Intended Retirement Age Decision among Public Sector Employees in Sri Lanka

When do you Retire? Examining Intended Retirement Age Decision among Public Sector Employees in Sri Lanka

Adoecimento e aposentadoria: relato de uma experiência profissional em aconselhamento psicológico

Psychological Process, Social and Environmental Influence on Retirement Planning: Malaysian Energy Industry Perspective

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