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In this review, the influence of social and work roles are incorporated into a model of retirement adjustment, along with two psychological moderators that may aid the retirement transition. These psychological resources, locus of control and retirement self‐efficacy, are those behavioral predispositions that would lead one to engage in proactive strategies for mastering the role changes inherent in the retirement transition. The implications of social and work‐related role changes and psychological resources for retirement planning and adjustment are discussed.
Carter et al. (Fri,) studied this question.
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