Intrinsic Rewards of Work, Future Time Perspective, the Economy in the Future and Retirement Planning

TitleIntrinsic Rewards of Work, Future Time Perspective, the Economy in the Future and Retirement Planning
Publication TypeJournal Article
Year of Publication2011
AuthorsYang, T-Y, DeVaney, SA
JournalThe Journal of Consumer Affairs
Volume45
Issue3
Pagination419
KeywordsHealth Conditions and Status, Methodology, Other, Retirement Planning and Satisfaction
Abstract

This study incorporated intrinsic rewards of work, future time perspective and perspective on the economy in the future to create a model for the psychological mechanism of planning for retirement. The data set included those who were not retired (N = 2,266) in the 1992 Health and Retirement Study. Confirmatory factor analyses and structural equation modeling were used. The analyses were conducted separately on the different types of retirement plans. The results suggest that human resource professionals should (1) encourage employees who perceive high intrinsic rewards of work to plan for their retirement, and (2) remind employees that retirement might be closer than they anticipate. PUBLICATION ABSTRACT

URLhttp://proquest.umi.com.proxy.lib.umich.edu/pqdweb?did=2487916351andFmt=7andclientId=17822andRQT=309andVName=PQD
Endnote Keywords

Retirement planning/Models/Psychological aspects/Discriminant analysis/Studies

Endnote ID

62616

Citation Key7607