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Paper Title

Retirement preparedness, anxiety, and perceived social support among retirable employees: Basis for an Institutional Retirement Plan

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Registration ID: IJNRD_202848

Published ID: IJNRD2308055

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Keywords

retirement preparedness, retirement anxiety, perceived social support

Abstract

Retirement is an event in every individual would experience in their lives, transition should be planned with its various aspects – physical, mental, social, emotional, spiritual, and financial aspects, as this would clarify and direct your retirement days. Although, retirement can be different for both genders, as females can be more into isolation and males could be more sociable. Hence, retirement includes minor and major changes toward well-being and quality of life. In general, the current study explored the retirement preparedness, retirement anxiety, and perceived social support that these individuals from two (2) different educational institutions. As a result, moderate retirement preparedness, average anxiety, and perceived social support from friends have been expressed to be effective for them. According to the results, it is safe to say that most respondents are merely confident that they have already figured out what they would like for their retirement, moreover, employees who have access to these retirement plans may have competing financial demands that will make it difficult for them to sustain and chose their plans and lifestyle after the transition. The researcher employed a descriptive-quantitative method of research, three (3) standardized questionnaires have been employed to 120 employees, with 11 employees who are nearly retiring. The retirement plans existing or known to them may be chosen by the respondents and should be patterned toward their selected lifestyles. Hence, these individuals should be given recommendations and guidance in preparing their plans for transition through the proposed institutional retirement plan. Most importantly, the current study is limited to the field of I/O Psychology and Sikolohiyang Pilipino (Filipino Psychology), looking at the results through a multidisciplinary lens, the phenomenon experienced by these participants could shed light on the development of symptomology from Abnormal Psychology, as they can experience high levels of depression, anxiety, isolation, and many more in relation to their transition from working to retirement stage. Lastly, the proposed institutional plan would help decrease the anxiety of these individuals regarding retirement and give them an opportunity to plan their own retirement plans.

How To Cite (APA)

Ma. Susana G. Boco (August-2023). Retirement preparedness, anxiety, and perceived social support among retirable employees: Basis for an Institutional Retirement Plan. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(8), a451-a471. https://ijnrd.org/papers/IJNRD2308055.pdf

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Other Publication Details

Paper Reg. ID: IJNRD_202848

Published Paper Id: IJNRD2308055

Research Area: Other

Author Type: Foreign Author

Country: Quezon City, n/a, Philippines

Published Paper PDF: https://ijnrd.org/papers/IJNRD2308055.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2308055

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