ERIC Number: EJ933817
Record Type: Journal
Publication Date: 2011-Apr
Pages: 11
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0003-066X
EISSN: N/A
A Three-Phase Model of Retirement Decision Making
Feldman, Daniel C.; Beehr, Terry A.
American Psychologist, v66 n3 p193-203 Apr 2011
The present article organizes prominent theories about retirement decision making around three different types of thinking about retirement: imagining the possibility of retirement, assessing when it is time to let go of long-held jobs, and putting concrete plans for retirement into action at present. It also highlights important directions for future research on retirement decision making, including perceptions of declining person-environment fit, the role of personality traits, occupational norms regarding retirement, broader criteria for assessing older workers' job performance, couples' joint decision making about retirement, the impact of self-funded and self-guided pension plans on retirement decisions, bridge employment before total withdrawal from the work force, and retirement decisions that are neither entirely forced nor voluntary in nature. (Contains 1 figure.)
Descriptors: Retirement, Models, Decision Making, Personality Traits, Occupations, Job Performance, Social Theories, Personality Theories, Role, Participative Decision Making, Economic Factors, Context Effect, Motivation
American Psychological Association. Journals Department, 750 First Street NE, Washington, DC 20002-4242. Tel: 800-374-2721; Tel: 202-336-5510; Fax: 202-336-5502; e-mail: order@apa.org; Web site: http://www.apa.org/publications
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A