The time value of money (TVM) is required knowledge for all business students. It is traditionally taught in finance and accounting classes for use in various applications in the business curriculum. These concepts are also very useful in real life situations such as calculating the amount to save for retirement. This paper details a retirement…

In this article we note that in the coming years, a larger number of people will be experiencing retirement for a longer period of time than ever before and that despite this fact, many will find themselves unprepared for this stage of their lives. We review the literature on retirement preparation, structuring our review around the key questions…

Older people with a lifelong disability, such as intellectual disability, face significant barriers to enjoying "active ageing" as they transition into retirement. Active ageing involves enhancement of quality of life through optimising the health, participation, and security of individuals and populations (World Health Organization [WHO], 2002).…

Current theoretical models support the existence of interactions between the individual and socio-environmental forces when it comes to the formation and enactment of life plans (Friedman & Scholnick, 1997; Shanahan & Elder, 2002). In this investigation, we examine the social, economic, and psychological forces that impact financial…

Interviews with 245 organizations in New England discovered that 51.8% offer some preretirement planning programs, most often one-to-one or group counseling, presented by in-house staff (76.5%). Financial topics dominated; 61.9% held programs on company time, and 93.5% of organizations paid all program costs. (SK)

Reviews retirement and preretirement programs using a comprehensive framework that reveals four distinct models: planning, counseling, adult education, and the human potential model. The human potential model integrates the effective features of existing programs with a positive view of retirement and a focus on the retirement transition period.…

Offers a brief overview of preretirement education in the United Kingdom and its meaning in an economy where forced redundancy can bring "retirement" at an early age. Highlights the Coping with Change Model, which focuses on insight into the feelings, issues, choices, and skills relevant to life changes. (DMM)

A holistic approach to planning the preretirement education of active duty noncommissioned officers was formulated on the basis of Sample and Kaufman's Organizational Elements Model. The approach stresses removing the responsibility for education and employment of veterans from the state and Federal level and placing it on the individual soldier.…

A study was undertaken to identify the training needs of full-time officers of trade unions in the United Kingdom. Data were collected through the following methods: individual interviews with senior officers of the Transport and General Workers' Union (TGWU) and other trade unions; a questionnaire mailed to every national, regional, and district…

This paper suggests that collegiate and professional athletes preparing to retire should be provided with preretirement and postretirement rehabilitation counseling. The counseling should involve a preventative approach centered around self-acceptance, to enhance the athlete's performance before and after retirement. The development of…