Resources Influence Retirement and Life Satisfaction

  • Abstract
  • Keywords
  • References
  • PDF
  • Abstract

    Retirement is a one’s of life essential transition. To maintain a positive well-being have become major concerns for individuals, organizations, and governments. Retirement has the potential to be a challenging transition in late adulthood, often causing instability in financial, emotional, health and social resources. This paper is motivated to examine the relationships between resources, life satisfaction and retirement satisfaction of retirees in Malaysia. We used purposive sampling method and personally administered 55 retirees. The correlation and regression results indicated that financial, physical health and emotional resources had positive relationships with life satisfaction. Likewise, cognitive and motivation resources have positive relationships with retirement satisfaction.

  • References

      [1] Butrica BA & Schaner SG (2005), Perspectives on productive aging. The Retirement Project, 1–6.

      [2] Caraher K (2000), Issues in incomes provision for the elderly in Malaysia. International Social Security Association (ISSA), 1–12.

      [3] Campbell A, Converse PE & Rodgers WL (1976), The quality of American life. New York: Russell Sage Foundation.

      [4] Celidoni M, Dal Bianco C & Weber G (2013), Early retirement and cognitive decline. A longitudinal analysis using SHARE data. Available online:

      [5] search?qcache:

      [6] Diener ED, Emmons RA, Larsen RJ, Griffin S, Diener E, Emmons R, Larsen R & Griffin S (1985), The satisfaction with life scale. Journal of Personality Assessment 49 (1), 71–75.

      [7] Diener E, Tay L & Oishi S (2013), Rising income and the subjective well-being of nations. Journal of Personality and Social Psychology 104(2), 267–276.

      [8] Floyd FJ, Haynes SN, Doll ER, Winemiller D, Lemsky C, Burgy TM, Werle M & Heilman N (1992), Psychology and Aging 7(4), 609–621.

      [9] Forstmeier S & Maercker A (2008), Motivational reserve: Lifetime motivational abilities contribute to cognitive and emotional health in old age. Psychology and Aging 23(4), 886–899.

      [10] Gerstorf D, Ram, N, Goebel J, Schupp J & Wagner GG (2010),NIH Public Access. Psychol Aging25(3), 661–676.

      [11] Gilmour H (2011), Cognitive performance of Canadian seniors. Health Reports 22 (2), 1–16.

      [12] Gwozdz W & Sousa-Poza A (2009), Ageing, Health and Life Satisfaction of the Oldest Old: An Analysis for Germany. IZA Discussion Paper No.4053, (4053).

      [13] Hershey DA (2010), Aging and financing planning for retirement: Interdisciplinary influences viewed through a cross-cultural lens. European. Journal of Aging 7, 301–311.

      [14] Hong SI & Han CK (2013), Asset Impacts on Life Satisfaction in an Asset-Rich Country: Focusing on Older Adults in Singapore. Social Indicators Research.

      [15] Jariah M, Husna S, Tengku Aizan TAH & Ibrahim R (2012), Financial practices and problems amongst elderly in Malaysia. Pertanika Journal of Social Science and Humanities 20 (4), 1065–1084.

      [16] KWSP (2016), Contribution rate. Available online:

      [17] Leung CSY & Earl, JK (2012), Retirement resources inventory: Construction, factor structure and psychometric properties. Journal of Vocational Behavior 81(2), 171–182.

      [18] McMullin JA (2000), Diversity and the state of sociological aging theory. The Gerontologist, 40(5), 517–30.

      [19] Moy S (2016), Science Confirms It : Retirement is good for your health. The Fiscal Time. Available online:

      [20] Pavot W & Diener E (1993), Review of the satisfaction with life scale. Psychological Assessment 5, 164–172.

      [21] Rohwedder S & Willis RJ (2010), NIH Public Access. Journal of Economic Perspect 24 (1), 119–138.

      [22] Salovey P & Mayer JD (1990), Emotional intelligence. Imagination, Cognition and Personality 9 (3), 185-211.

      [23] Samil AU & Rizvi T (2013), Emotional Intelligence and Personality Traits as Life Satisfaction Among Aged Persons. Projournal Of Humanities and Social Science 1, 1–9.

      [24] Shoemaker S (2005), Acquisition of computer skills by older users : A mixed methods study. Research Strategies 19, 165–180.

      [25] Stephan Y, Fouquereau E & Fernandez A (2008), The Relation between Self-Determination and Retirement Satisfaction among Active Retired Individuals. The International Journal of Aging and Human Development 66(4), 329–345.

      [26] Vallerand R J & O’Connor BP (1989), Motivation in the elderly: A theoretical framework and some promising findings. Canadian Psychology/Psychologie Canadienne 30, 538–550.

      [27] United Nations (2015), World population prospects: The 2015 revision, key findings and advance tables. Working Paper (ESA/P/WP.241), 587–592.




Article ID: 22565
DOI: 10.14419/ijet.v7i4.28.22565

Copyright © 2012-2015 Science Publishing Corporation Inc. All rights reserved.