Purpose – The aim is to examine the shifting effects of retirement expectations and social support on adjustment three and half and ten months post‐retirement. Design/methodology/approach – For the purpose of this study, the authors used a survey methodology. Expectations regarding retirement and social support were used to predict three facets of satisfaction post‐retirement; life satisfaction, retirement satisfaction, and social satisfaction. Findings – Results suggested that expectations consistently and significantly predicted satisfaction early and later in retirement. Social support was only a significant antecedent of retirement satisfaction at time 2, and had a non‐significant relationship to social and life satisfaction in retirement. Practical implications – Results support the view that retirement expectations have a strong influence on retirement, life, and social satisfaction in the first year of an individual's retirement. Originality/value – The paper's findings imply that interventions designed to create realistic expectations of the retirement experience may have a positive impact on adjustment.
Journal of Managerial Psychology – Emerald Publishing
Published: May 2, 2008
Keywords: Retirement; Social change; Psychology; Individual behaviour