Article

Planning and Adaptation to Retirement: The Post-retirement Environment, Change Management Resources, and Need-Oriented Factors as Moderators

Mary Anne Taylor and Meline Schaffer

in The Oxford Handbook of Retirement

Published in print October 2012 | ISBN: 9780199746521
Published online November 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199746521.013.0102

Series: Oxford Library of Psychology

 Planning and Adaptation to Retirement: The Post-retirement Environment, Change Management Resources, and Need-Oriented Factors as Moderators

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We propose that the relationship between retirement planning and subsequent adaptation is moderated by two types of fit between personal characteristics and the retirement environment. The first type is the fit between the change in the post-retirement environment and the change management resources of the individual. Dimensions of environmental change include work content, organizational context, work/leisure balance, and conditions of organizational exit. Change management resources include health, motivational/cognitive belief systems related to mastery and control of the environment, personality factors associated with adaptation, social resources, and marketable job skills. The second type of fit is the match between an individual’s financial, social, generative, and work-oriented needs and the extent to which these are addressed in retirement planning and satisfied in the post-retirement environment (Wang & Shultz, 2010 ). Throughout the chapter, we discuss the importance of modifying change management resources and addressing individual needs through planning as a means to maximize the planning-adaptation relationship.

Keywords: retirement planning; retirement adaptation; needs in retirement

Article.  12532 words. 

Subjects: Psychology ; Organizational Psychology ; Social Psychology

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