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…

Based on Nancy Schlossberg and her colleagues' extensive interviews with 100 retired adults, Susan Komives describes six predominate pathways retirees took to make meaning of this new transition in their lives. These pathways identified people as continuers, adventurers, easy gliders, involved spectators, searchers, and retreaters. Using the…

This paper explores some important aspects of the generation of practical knowledge through later life. It is about the relationship between knowledge generation, agency and capability, developed informally through the life experiences in and through the Company of Others. It emphasises how the everyday processes of socialisation create invaluable…

The purpose of this study was to examine the relationship between financial literacy and financial behaviors among various age groups. Financial literacy was measured in three ways: objective financial knowledge, subjective financial knowledge or confidence, and subjective financial management ability. The age groups were 18-24, 25-34, 35-44,…

Objective: The purpose of this longitudinal study was to examine the effects of state-level socioeconomic status (SES), the density of fast food restaurants and walking to work on body mass index (BMI) among US adults aged 50 years and older. The study sought further to account for the interaction effects of three different hierarchical levels of…

Well-being and physical health are central indicators of quality of life in old age. Research from a between-person difference perspective finds that people in better health than their peers also report higher well-being than their peers. However, we know very little about whether changes in one domain are accompanied by changes in the other…

Background: High levels of alcohol consumption have been shown to be related to cardiovascular disease, cancer, diabetes, and other chronic disease and is an important variable in the global burden of disease. Purpose: This study explored the relationship between alcohol consumption and depressive symptoms among older Chinese adults in mainland…

It is important to understand the factors that can contribute to quality of life in retirees. Accessing latent benefits, which are generally associated with paid employment, has been shown to increase quality of life. It is proposed that meaningful leisure may act as a substitute for paid employment in retirees. A sample of 123 male and female…

Purpose: Continued employment after retirement and engagement in unpaid work are both important ways of diminishing the negative economic effects of the retirement of baby boomer cohorts on society. Little research, however, examines the relationship between paid and unpaid work at the transition from full-time work. Using a resource perspective…

Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship between stock market performance and retirement intentions during 1998-2008, a period that includes the…

Using the frameworks of the life course perspective and continuity theory, this study focuses on the association among working people between gender and specific leisure activities, social interests and individuals' preferred retirement age. The study is based on the first wave of the Norwegian Life Course, Aging and Generation (NorLAG) study,…

This study aims to examine the association of assets with life satisfaction patterns among Korean older adults aged 50 and above. This study used the first two panel data sets (2005 and 2007) from the Korean Retirement and Income Study, which collected information from a nationally representative sample. Key independent variables include financial…

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 draws upon a major qualitative empirical research investigation in Great Britain to explore the relationships between retirement and learning. Though retirement is frequently viewed as an event leading to a life stage, our data show that it can perhaps be best understood as a lengthy process. This process begins well before actual…

In this article welfare systems and support networks are empirically analyzed to determine which generate the highest level of subjective well-being among retired persons. Propositions derived from support network theories and national welfare system typologies have been analyzed using causal models that indicate the influence of the various…