The role of personality in retirement adjustment: Longitudinal evidence for the effects on life satisfaction

Objective Research on retirement suggests that personality can influence the adjustment process, but the mechanisms involved remain still largely unknown. In the present study, we investigate direct and indirect associations between the Big Five personality traits and life satisfaction over the reti...

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Bibliographic Details
Published in:Journal of personality 2020-08, Vol.88 (4), p.642-658
Main Authors: Hansson, Isabelle, Henning, Georg, Buratti, Sandra, Lindwall, Magnus, Kivi, Marie, Johansson, Boo, Berg, Anne Ingeborg
Format: Article
Language:English
Subjects:
Adjustment
Aging
Agreeableness
Autonomy
Big Five
Cognitive ability
Conscientiousness
Extraversion
Five factor model
Health status
Indirect effects
individual resources
Life satisfaction
Life transitions
Measurement
Neuroticism
Older people
Other Social Sciences not elsewhere specified
Personality
Personality traits
Psychology
Psykologi
Retirees
Retirement
retirement adjustment
Social support
Övrig annan samhällsvetenskap
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Summary:Objective Research on retirement suggests that personality can influence the adjustment process, but the mechanisms involved remain still largely unknown. In the present study, we investigate direct and indirect associations between the Big Five personality traits and life satisfaction over the retirement transition. Indirect effects were evaluated through the role of personality for levels and changes in self‐esteem, autonomy, social support, self‐rated physical health, self‐rated cognitive ability, and financial satisfaction. Method Our sample consisted of 796 older adults (age 60–66) and four annual measurement waves from the longitudinal population‐based HEalth, Ageing, and Retirement Transitions in Sweden (HEARTS) study, including individuals retiring during the study period. Results Results from multivariate latent growth curve analysis revealed multiple indirect associations between personality and life satisfaction. Extraversion, Agreeableness, and Conscientiousness were positively related to life satisfaction through higher levels of self‐esteem, autonomy, and social support. Neuroticism was negatively associated with life satisfaction through lower levels of self‐esteem and lower levels and negative changes in autonomy and social support. Conclusions Our findings suggest that retirees with higher levels of Neuroticism are more vulnerable in the transition process and they are also more likely to experience adjustment problems resulting from negative changes in key resources.
ISSN:0022-3506
1467-6494
DOI:10.1111/jopy.12516