In this article, we review both theoretical and empirical advancements in retirement adjustment research. After reviewing and integrating current theories about retirement adjustment, we propose a resource-based dynamic perspective to apply to the understanding of retirement adjustment. We then review empirical findings that are associated with…

This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: (1) unretirement transitions result from failures in…

This study developed and tested a model to identify the predictors of retirement planning based on an extension of the theory of planned behavior ([TPB], Ajzen, 1991) that included individual differences in proactivity and time discounting. The results showed that personal attitudes, sense of control, social influence, and stable traits have a…

Understanding the antecedents to retirement and bridge employment is important to older-aged adults who seek ways to smoothly transition to full retirement, and to organizations that benefit from retaining their highly skilled and most experienced workers, especially in occupations for which labor shortages are projected. We tested the effects of…

This article investigates the factors influencing the motivation to continue working after retirement among a sample of Dutch teachers. Based on previous research, it was proposed that teachers will be motivated to work after their legal retirement age when organizational support, possibilities to change work roles and financial needs are high.…

Three analyses of data from 197 older employees and their spouses identified work and nonwork factors influencing age of retirement. Finances predicted retirement but health and gender did not. Being tired of working and expecting to work for pay after retirement predicted earlier retirement. (SK)

The current study explored the contribution of personal goals to retirement decisions. A SMARTER methodology (to assess multiattribute utility) and taxonomy of human goals were used to investigate the relationship between older workers' personal goals and their retirement intentions. Two hundred and fifty-one employees of a large university,…

Vroom's expectancy theory model to predict older worker's choices between employment or retirement hypothesized that a person's preference would be a function of differences between instrumentality of employment and retirement for attainment of outcomes, multiplied by the valence of each outcome, summed over outcomes. Results supported the…

Although the Baby Boomers are the fastest growing segment of the U.S. population and they are quickly approaching retirement age, research has widely neglected to look at the reasons as to why many of them intend on opting for bridge employment as opposed to completely retiring. This study examined the relationships among four reasons for working…