ERIC Number: EJ933819
Record Type: Journal
Publication Date: 2011-Apr
Abstractor: As Provided
Putting off Tomorrow to Do What You Want Today: Planning for Retirement
Adams, Gary A.; Rau, Barbara L.
American Psychologist, v66 n3 p180-192 Apr 2011
In this article we note that in the coming years, a larger number of people will be experiencing retirement for a longer period of time than ever before and that despite this fact, many will find themselves unprepared for this stage of their lives. We review the literature on retirement preparation, structuring our review around the key questions that need to be addressed when planning for retirement: (a) What will I do? (b) How will I afford it? (c) Where will I live? and (d) Who will I share it with? We make a number of suggestions for research and practice. We conclude that although psychology has begun to play a role in understanding and addressing retirement preparation, there are considerable opportunities for psychologists to engage with this issue in their research and applied work.
Descriptors: Aging (Individuals), Retirement, Preretirement Education, Older Workers, Psychologists, Long Range Planning, Models, Context Effect, Quality of Life, Economic Factors, Geographic Location, Interpersonal Relationship, Psychological Needs, Health, Housing, Place of Residence, Life Satisfaction
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Adult Education
Authoring Institution: N/A