A Preliminary Investigation of Factors Affecting Appraisal of the Decision to Take Early Retirement
Year: 1998
Type: article
Study design: Observational Study
Abstract: This study examines why individuals elect to take the early retirement package offered by their employer, as well as factors affecting their appraisal of that decision. Content analysis, t tests, and regression analysis were used to examine the data. Results suggest that all early retirement decisions are not voluntary. Individuals who did not desire to retire and who had lower self‐esteem, fewer financial resources, and plans to continue working were more likely to appraise the early retirement as harmful. Employment counselors can assist individuals with preparing for early retirement by providing resources such as financial counseling and outplacement services just as they do for individuals who involuntarily lose their jobs.
Source: Journal of Employment Counseling
Author: MARY A. GOWAN
Institution: University of Central Florida
Language: English
Subfield: Demography
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1964622358