Psychological Research on Retirement

Retirement as a research topic has become increasingly prominent in the psychology literature. This article provides a review of both theoretical development and empirical findings in this literature in the past two decades. We first discuss psychological conceptualizations of retirement and empiric...

Full description

Saved in:
Bibliographic Details
Published in:Annual review of psychology 2014-01, Vol.65 (1), p.209-233
Main Authors: Wang, Mo, Shi, Junqi
Format: Article
Language:English
Subjects:
Adaptation, Psychological
Adjustment
Adult. Elderly
Biological and medical sciences
Cognition & reasoning
Developmental psychology
Fundamental and applied biological sciences. Psychology
Health Status
Humans
Mental Health
Models, Psychological
Personal Satisfaction
Psychological aspects
Psychology. Psychoanalysis. Psychiatry
Psychology. Psychophysiology
Retirement
Retirement - psychology
Socioeconomic factors
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Retirement as a research topic has become increasingly prominent in the psychology literature. This article provides a review of both theoretical development and empirical findings in this literature in the past two decades. We first discuss psychological conceptualizations of retirement and empirical operationalizations of retirement status. We then review three psychological models for understanding the retirement process and associated antecedents and outcomes, including the temporal process model of retirement, the multilevel model of retirement, and the resource-based dynamic model for retirement adjustment. We next survey the empirical findings regarding how various individual attributes, job and organizational factors, family factors, and socioeconomic context are related to the retirement process. We also discuss outcomes associated with retirement in terms of retirees' financial well-being, physical well-being, and psychological well-being.
ISSN:0066-4308
1545-2085
DOI:10.1146/annurev-psych-010213-115131