What Happens to Retirement Plans, and Does This Affect Retirement Satisfaction?

Principi, Andrea; Smeaton, Deborah; Cahill, Kévin; Santini, Sara; Barnes, Helen; Socci, Marco

doi:10.1177/0091415018796627

Cited by 29 publications

(27 citation statements)

References 58 publications

(91 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The study results from hypotheses testing were as anticipated, by showing positive relationship between employee separation planning and retirement preparedness, as well as exhibiting a mediating effect of employee decision making on the said relationship (Principi, et al, 2018). The study concluded that employee decision making had a significant partial mediating effect on the relationship between employee separation planning and retirement preparedness.…”

Section: Discussionsupporting

confidence: 67%

“…Some earlier studies indicate that individuals engage in clear predictive plans while others suggest that such plans tend to be less vivid (Ekerdt, Kosloski, & De Viney, 2000;Winston & Barnes, 2007). Feldman and Beehr (2011) posit that retirement decision-making is determined and driven by self-predictive future life as a retired individual, while sociological perspectives suggest that role of normative expectations and constraints direct choices and outcomes (Principi, et al, 2018). This makes the significance of individual judiciousness restrained (Weyman et al, 2012).…”

Section: Statement Of the Problemmentioning

confidence: 99%

“…Undoubtedly, studies exhibit existence of a positive association between retirement planning and retirement outcomes (Moffatt & Heaven, 2017;Wang & Schultz, 2011). Research has found various factors that significantly contribute to retirement outcomes, usually satisfaction, transition adjustment, and well-being (Principi, et al, 2018). The factors include psychological factors (Muratore & Earl, 2015), retirement planning (Curl & Ingram, 2013;Adams & Rau, 2011), physical health (Moffatt & Heaven, 2017), and financial factors (Thuku & Ireri, (2013).…”

Section: Conceptual and Empirical Reviewmentioning

confidence: 99%

“…However, studies such as Moffatt and Heaven (2017) continue to demonstrate existence of positive association between retirement planning and retirement wellbeing which is an indicator of retirement preparedness. Earlier studies consistently indicate that approximately a third of retirees are vulnerable to poorer retirement adjustment and outcomes in terms of life satisfaction and quality of life since retirement wellbeing is dependent on available resources that include physical, cognitive, motivational, financial, social, and emotional resources (Tomczyk & Klimczuk, 2019;Principi, Smeaton, Cahill, Barnes & Socci, 2018). The retirees wellbeing is affected not only in financial resources but also in physical health and psychosocially.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Mediating Role of Employee Decision on Relationship Between Employee Separation Planning and Retirement Preparedness in Kenya

Gathiira¹,

Muathe²,

Kilika³

2020

IJBA

View full text Add to dashboard Cite

Globally, majority of employees particularly from public institutions are associated with poverty during retirement despite living well during employment life. Retirement preparedness is viewed as a deliberate planning process by an individual and ought to start a long while before actual organization – employee separation. It is therefore important to relook at the concept of employee separation planning and retirement preparedness when it is mediated by employee decision which is integral to the life mastery of control that an individual exhibit. The target population was 1,238 teachers aged 50 years and above and employed in public secondary schools in Kenya by 2017. A representative sample of 334 respondents was selected using multistage sampling technique. Data was collected using semi structured questionnaire and interview guide. Logit regression was used to establish the relationships between variables in the study and to test the null hypotheses at P ≤ 0.05 and 95% confidence level. The study found that employee decision making had partial mediating effect on the relationship between employee separation planning and retirement preparedness. The study recommended the government and the employer organizations to enact frameworks that encourages and stimulates employees to make decisions to engage in programmes geared towards separation planning for successful retirement preparedness.

show abstract

Section: Discussionsupporting

confidence: 67%

Section: Statement Of the Problemmentioning

confidence: 99%

Section: Conceptual and Empirical Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Mediating Role of Employee Decision on Relationship Between Employee Separation Planning and Retirement Preparedness in Kenya

Gathiira¹,

Muathe²,

Kilika³

2020

IJBA

View full text Add to dashboard Cite

show abstract

“…Once retired, older people can feel different levels of satisfaction with life, not directly associated with fulfilment of the plans and the expectations they had while working. However, satisfaction seems to be the result of the combination of multiple factors (ie, quantity and quality of interpersonal relationships and affective bonds, physical health, and financial situation within the cultural and social context) [ 19 ]. Therefore, retirement may involve both a threat of marginality and a promise of new-found freedom [ 20 ].…”

Section: Introductionmentioning

confidence: 99%

Digital Health Coaching Programs Among Older Employees in Transition to Retirement: Systematic Literature Review

et al. 2020

Self Cite

View full text Add to dashboard Cite

Background The rapid increase of the aging population is pushing many national governments to reshape retirement legislation in order to extend older adults’ working life. Once retired, older adults can be invaluable resources for the community as family carers, as volunteers, or by returning to work. Healthy aging is one of the main conditions for being able to work longer and being active after retirement. The latter, indeed, represents a very sensitive life transition, which can entail psychological and social difficulties. Interventions for promoting older workers’ health and well-being and supporting the transition to retirement are on the top of the policy agenda of most European countries. Recently, computer-based and digital health interventions have been seen as promising means to reach this purpose. Objective This systematic literature review aimed to explore studies on digital health coaching programs for older workers that followed a user-centered design approach and evaluated their effectiveness in providing older adults with guidance for adopting a healthy lifestyle and being active in the community. Methods The search identified 1931 papers, and 2 relevant articles were selected by applying specific eligibility criteria. Results To our knowledge, only few digital health coaching programs have targeted the population of older workers to date; there is an insufficient number of studies on the efficacy of such programs. The results show the difficulties of assessing the efficacy of digital coaching itself and with respect to older employees. The 2 studies suggest that digital health programs for workplaces can improve various aspects of older employees’ well-being; however, they considered health mainly from a physical perspective and neglected contextual, social, psychological, and cultural factors that can influence older workers’ health and general well-being. Future digital health coaching programs should adopt the healthy aging paradigm as a multidimensional lens for interpreting the impact of eHealth technology on aging and retirement. The literature around this issue remains at an embryonic state, and this gap needs to be filled by further investigations that apply a user-centered approach for designing the technology, test innovative research methodologies, and adopt new technical solutions for high-quality interaction design. Conclusions Further digital health coaching programs aimed at supporting healthy and active living for older workers and retirees are necessary. The user-centered design approach is recommended in order to fully address the users’ health needs and the technological requirements throughout development. Moreover, the healthy aging perspective allows inclusion of physical, social, and psychological factors influencing the transition from work to retirement, as well as the experiences and interactions of individuals with the technology.

show abstract