With the growth of the older population due to longer life spans and a decline in birth rates, older adults will soon outnumber the younger population worldwide. One out of five workers in the United States reaches retirement age each day. This phenomenon has begun to cause a strain on Social Security funding and healthcare funding for those over…

Recent reports confirm that the European Higher Education Area is conditioning the satisfaction of Spanish faculty members, resulting in a greater number of early retirements. The present study, framed within the context of the research, development and innovation project 'Fuga de Talentos: Un estudio sobre los motivos que han condicionado a…

The transition from a busy work life to a retired state entails a lot of adjustment, planning, and wise decision-making. While there have been numerous studies that elucidate retirement issues across the globe, the need to know about retirement preferences of middle-aged and older teachers remains a blank spot in the literature, hence this…

Financial risk tolerance is an important personal characteristic that is widely used by financial professionals to guide the development and presentation of client-centered recommendations. As more baby boomers enter retirement, research on how these individuals perceive their willingness to take financial risks has gained importance, particularly…

The purpose of this paper is to find out what academics do when approaching retirement, and why; as well as to reflect on the process and consequences of reaching a retirement decision -- for themselves, the university system, and the wider community. Our study concentrates on baby boomers, as this large cohort starts to retire or become eligible…

Baby boomers in Taiwan benefit from better health, economic conditions, and education in comparison to older generations. The participants in this study were older adult learners from the baby boom generation. This study aimed to examine their retirement decisions, adaptation, and learning processes. A qualitative research approach was employed in…

Over 76 million people between the ages of 65 and 70 years old are making the decision to continue to work or retire. The factors that contribute to professional women's employability after age 65 who continue to work are important to understand. Many women as they approach age 65 may want to know this information as once you retire, it may be…

In the wake of recent events, especially the Great Recession of 2007-2009, affecting the economy, resulting in job losses, personal financial distress, and gloomy perceptions of their future well-being, many Americans are concerned about their financial quality of life in retirement. The media is replete with a plethora of advertisements for…

Since its establishment in 2003, the Financial Literacy and Education Commission (FLEC) has coordinated the federal government's efforts in promoting financial literacy, education and capability. The FLEC manages its activities collaboratively, focusing on direct education and outreach, supporting practitioners, and promoting research and…

This dissertation is an examination of the perceptions offered by adults who self-identify as being successfully retired. The increase in the percentage of the retiring population in the United States in the immediate future alerts us to the need to identify strategies that have been reported by retirees to successfully transition into retirement.…

People aged 55 and older are one of the fastest growing demographic groups in much of the developed world. While they have seen tremendous changes in technology and everyday living over their lifetime, some of the biggest societal changes are those that they themselves are helping to make. In the U.S., these mature individuals can expect to live…

Increased longevity coupled with inadequate savings makes retirement savings and investment research increasingly important. A policy-capturing method was used to examine the relative importance of 6 demographic predictors on the retirement investment decisions of 64 working adults. All predictors were significant predictors of the investment. In…

Recent studies of retirement have recognized the importance of pension plans and social security on the retirement decisions. A pension system that is neutral with respect to the timing of benefits encourages or discourages the acceptance of these benefits and subsequent job separation at any particular age only to the extent that any asset…

Most persons seem to respond to economic incentives in choosing when to retire. While changes in the social security system are likely to have only small effects on retirement behavior, larger impacts could ensue from altering incentives implicit in private pension plans. Important area for future research is transition process that follows end of…

Explored retirement conditions affecting women's preferred retirement timing and retirement satisfaction in 115 women retirees. Revealed that women's life goals, sex role constancy over the years, the economic impact of retirement, and respondents' control over determination of retirement timing were relevant issues. (Author/KS)