Psychosocial and Demographic Factors Predicting Retirement Adjustment among Nigerian Retirees

With a growing population of retirees facing challenges in transitioning from work to retirement, understanding the psychological factors that facilitate adjustment is crucial. This study investigates the predictive roles of life satisfaction, proactive personality, and retirement self-efficacy on the adjustment to retirement among selected retirees in the Federal Capital Territory (FCT), Abuja, Nigeria. The research employs a quantitative approach, utilizing standardized questionnaires to assess life satisfaction, proactive personality traits, and retirement self-efficacy using purposive of sampling to determined 404 participants from the total population of the study. Data were obtained from Udu Local Government of Enugu State. The findings reveal that life satisfaction did not significantly influence adjustment outcomes. Proactive personality trait is identified as vital predictors, as retirees who demonstrate initiative and adaptability are more likely to engage in fulfilling post-retirement activities. Additionally, retirement self-efficacy emerges as a critical factor; retirees who believe in their ability to manage challenges associated with retirement exhibit more effective adjustment behaviours. In terms of demographic factors, age is one of the most influential demographic factors in retirement adjustment. The study highlights the interplay between these socio-psychological constructs, suggesting that fostering life satisfaction and proactive traits, along with enhancing self-efficacy, can improve the retirement experience