A preliminary investigation of factors affecting appraisal of the decision to take early retirement

Authors

    Authors

    M. A. Gowan

    Comments

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    Abbreviated Journal Title

    J. Employ. Couns.

    Keywords

    JOB LOSS; Psychology, Applied

    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.

    Journal Title

    Journal of Employment Counseling

    Volume

    35

    Issue/Number

    3

    Publication Date

    1-1-1998

    Document Type

    Article

    Language

    English

    First Page

    124

    Last Page

    140

    WOS Identifier

    WOS:000076484100003

    ISSN

    0022-0787

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