Reconceptualizing retirement: A status-based approach

Abstract The one thing on which essentially all retirement scholars agree is that there is no generally accepted definition of the term “retirement.” Hence, it is not surprising that a plethora of competing models of the stages of retirement has been generated. To cut this Gordian knot, this paper p...

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Bibliographic Details
Published in:Journal of aging studies 2016-08, Vol.38, p.1-5
Main Author: Hershenson, David B
Format: Article
Language:English
Subjects:
Aged
Aging
Behavior
Cultural pluralism
Employment - psychology
Female
Humans
Internal Medicine
Life Style
Male
Models, Psychological
Multiculturalism & pluralism
Research applications
Retirement
Retirement - psychology
Retirement statuses
Retirement theory
Status-based model
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Summary:Abstract The one thing on which essentially all retirement scholars agree is that there is no generally accepted definition of the term “retirement.” Hence, it is not surprising that a plethora of competing models of the stages of retirement has been generated. To cut this Gordian knot, this paper proposes that the concept of statuses, which are not necessarily mutually exclusive or sequential, replace the idea of stages. Statuses better reflect observed human behavior and are more open to multicultural application, thus facilitating retirement research and clinical practice. The retirement statuses proposed here, which can exist in any combination or sequence, are retrenchment, exploration, try-out, involvement, reconsideration, and exiting (forming the acronym RETIRE).
ISSN:0890-4065
1879-193X
DOI:10.1016/j.jaging.2016.04.001