WHAT IS RETIREMENT IN THE 21ST CENTURY?
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
Case Western Reserve University School of Graduate Studies / OhioLINK
2017
|
| Subjects: | |
| Online Access: | http://rave.ohiolink.edu/etdc/view?acc_num=case1491153247367374 |
| id |
ndltd-OhioLink-oai-etd.ohiolink.edu-case1491153247367374 |
|---|---|
| record_format |
oai_dc |
| spelling |
ndltd-OhioLink-oai-etd.ohiolink.edu-case14911532473673742021-08-03T07:01:10Z WHAT IS RETIREMENT IN THE 21ST CENTURY? Lunceford, Gregg M. Aging Labor Relations Management Personal Relationships retirement retirement identity retirement confidence career transition well-being post retirement work intention The aging of the population is a global phenomenon. It is estimated that the global population of individuals over age 60 will grow from 12% to 21% by 2050 primarily as a result of increasing lifespans. In 2011, individuals in America’s baby boomer cohort began reaching their full retirement age of 65. It is estimated that approximately 10,000 baby boomers will turn age 65 each day until 2031. The aging of the population is creating more conversation around the topic of retirement as individuals figure out if and how they would like to transition from their primary careers into a retirement period that may be much longer and different than those before them. In recent decades, the decision to retire has become more complex as a result of the elimination of guaranteed pension plans, the greater need to provide for aging family members and adult children, and the increased length of the retirement period. The pre-retirement process is difficult for many as they consider these issues as well as how to replace the fulfillment, achievement and social benefits that come from work. Such difficulty often triggers anxiety which leads to depression and limits the probability of success in retirement. This study uses a mixed methods approach to understand how individuals in the 21st-century view retirement, especially since the Great Recession of 2008, and what pre-retirement factors contribute to retirement confidence, well-being, and the intention to continue to work in retirement. Findings from the study suggest that the development of financial self-efficacy and a retirement identity are critical in the pre-retirement process and are positively associated with retirement confidence and well-being. The results also suggest that having and understanding the opportunities for meaningful work in retirement contributes to a positive pre-retirement planning experience. 2017-06-05 English text Case Western Reserve University School of Graduate Studies / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=case1491153247367374 http://rave.ohiolink.edu/etdc/view?acc_num=case1491153247367374 unrestricted This thesis or dissertation is protected by copyright: some rights reserved. It is licensed for use under a Creative Commons license. Specific terms and permissions are available from this document's record in the OhioLINK ETD Center. |
| collection |
NDLTD |
| language |
English |
| sources |
NDLTD |
| topic |
Aging Labor Relations Management Personal Relationships retirement retirement identity retirement confidence career transition well-being post retirement work intention |
| spellingShingle |
Aging Labor Relations Management Personal Relationships retirement retirement identity retirement confidence career transition well-being post retirement work intention Lunceford, Gregg M. WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| author |
Lunceford, Gregg M. |
| author_facet |
Lunceford, Gregg M. |
| author_sort |
Lunceford, Gregg M. |
| title |
WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| title_short |
WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| title_full |
WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| title_fullStr |
WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| title_full_unstemmed |
WHAT IS RETIREMENT IN THE 21ST CENTURY? |
| title_sort |
what is retirement in the 21st century? |
| publisher |
Case Western Reserve University School of Graduate Studies / OhioLINK |
| publishDate |
2017 |
| url |
http://rave.ohiolink.edu/etdc/view?acc_num=case1491153247367374 |
| work_keys_str_mv |
AT luncefordgreggm whatisretirementinthe21stcentury |
| _version_ |
1719451758948777984 |