Understanding the influence of demographic and psychological variables on retirement planning. |
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Authors: | Petkoska, Jasmina Earl, Joanne K. |
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Abstract: | The authors examined the degree to which workers were engaging in financial, health, interpersonal/leisure, and work planning for retirement, exploring whether demographic and psychological variables inhibited or promoted planning in each of these domains. Planning in each domain was influenced by a unique set of variables. Goals emerged as a consistent and positive predictor of planning. Gender accounted for health and interpersonal/leisure planning, while work planning behavior was negatively predicted by income. Time perspective also helped to clarify the amount of retirement planning undertaken in the financial and interpersonal/leisure domains. Practical implications for designing retirement interventions are discussed. (PsycINFO Database Record (c) 2010 APA, all rights reserved) |
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Keywords: | retirement planning predictors time perspective goals |
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