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1997•Educational GerontologyRequires access

PLANNING AND EXPECTATIONS OF THE RETIREMENT EXPERIENCE

Mary Anne Taylor‐Carter, Kelli Cook, Carol Weinberg

Open publisher page 100 citations

Abstract

Research suggests that retirement planning can benefit individuals in a number of ways. In this study, two types of informal retirement planning and participation in a retirement planning seminar were used to predict retirement expectations and self‐efficacy, or subjects’ confidence in their ability to make the retirement transition. Results suggested that informal leisure planning had a positive impact on expectations and self‐efficacy, whereas effects of participating in the planning seminar were limited to retirement expectations. Suggestions for designing planning seminars are discussed in view of these findings.

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What this paper is about

Research suggests that retirement planning can benefit individuals in a number of ways. In this study, two types of informal retirement planning and participation in a retirement planning seminar were used to predict retirement expectations and self‐efficacy, or subjects’ confidence in their ability to make the retirement transition. Results suggested that informal leisure planning had a positive impact on expectations and self‐efficacy, whereas effects of participating in the planning seminar were limited to retirement expectations. Suggestions for designing planning seminars are discussed in view of these findings.

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OpenAlex reports 100 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Research suggests that retirement planning can benefit individuals in a number of ways. In this study, two types of informal retirement planning and participation in a retirement planning seminar were used to predict retirement expectations and self‐efficacy, or subjects’ confidence in their ability to make the retirement transition. Results suggested that informal leisure planning had a positive impact on expectations and self‐efficacy, whereas effects of participating in the planning seminar were limited to retirement expectations. Suggestions for designing planning seminars are discussed in view of these findings.

Key concepts: Retirement planning, Career planning, Psychology, Financial plan, Actuarial science, Gerontology, Business, Medicine

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