Retirement Decision Making

Steve M. Jex and James Grosch

in The Oxford Handbook of Retirement

Published in print October 2012 | ISBN: 9780199746521
Published online November 2012 | | DOI:

Series: Oxford Library of Psychology

Retirement Decision Making

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  • Psychology
  • Organizational Psychology
  • Social Psychology



Due to the aging of the workforce, combined with increased life expectancy, interest in retirement among researchers has increased dramatically. One area in particular that has attracted a large portion of this interest is retirement decision making. The primary objective of this chapter is to review the extant literature on retirement decision making, organized according to three major “decision points” in the retirement process. In addition to reviewing this literature, we identify a number of gaps in both research and theory underlying retirement decision-making research. The chapter concludes with a number of suggestions for applying what we know about retirement decision making to influence retirement-related decisions, for the benefit of both individuals and organizations.

Keywords: retirement; retirement planning; decision making; bridge employment

Article.  10225 words. 

Subjects: Psychology ; Organizational Psychology ; Social Psychology

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