an article by Anne M. Wöhrmann (Institute for Strategic HR Management Research and Development (SMARD), Leuphana University of Lüneburg, Germany), Jürgen Deller (Institute for Strategic HR Management Research and Development (SMARD), Leuphana University of Lüneburg, Germany and Silver Workers Research Institute, Berlin, Germany) and Mo Wang (Warrington College of Business Administration, University of Florida, Gainesville, USA) published in Journal of Career Development Volume 41 Number 5 (October 2014)
Abstract
Many countries are exposed to challenges due to demographic change. Keeping employees in the workforce beyond retirement age could help counter these challenges. Thus, extending the knowledge on the process of post-retirement career planning is important.
Therefore, drawing on social cognitive career theory, we develop and test a model for post-retirement career planning in this study.
An online survey including measures of occupational self-efficacy, interest in occupation-related activities as well as post-retirement career outcome expectations, intention, and planning activity was completed by 124 individuals working in different occupations in Germany.
Participants were aged 49–65 years and 54% were male.
Findings suggest that self-efficacy, outcome expectations, and interest are important factors in post-retirement career planning. Altogether the predictors accounted for 37% of variance in post-retirement career intention and 9% of variance in planning activity.
Based on our findings, we discuss options to foster post-retirement career planning.
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