Reports consistently indicate that baby boomers are unprepared for retirement, a potentially long phase of life. Many studies have targeted financial planning to the exclusion of other important aspects of retirement planning, namely, the concomitant psychosocial factors. Accordingly, this study examined retirement planning in the following five key areas: general, financial, work, health, and lifestyle. Specifically, this studys primary purpose was to examine the relationship between both role clarity and internal locus of control and past, current, and future retirement planning. Secondary...
Reports consistently indicate that baby boomers are unprepared for retirement, a potentially long phase of life. Many studies have targeted financ...