Influence of Retirement Preparation on Happiness in Retirement: a case of Nyeri County, Kenya
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Date
2013
Authors
Thuku, Pauline W.
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier
Abstract
Retirement has many financial, health and emotional effects. In many developing
countries, older people are the poorest members of society. This study aimed at assessing how preretirement
preparation influences retirement happiness in Kenya, with a view to making appropriate
recommendations to improve the quality of life during retirement. The study was conducted in
Nyeri County, Kenya using randomly selected retirees. Data was collected using questionnaires
analyzed using the Statistical Package for Social Sciences (SPSS). The study found that; age,
gender, marital status, parents’ socio-economic status, availability of retirement information,
monthly income, retirement planning and the availability of reliable social support systems
significantly influenced retirement happiness. To prepare for a happy retirement therefore, this
study recommends that all employees be provided with retirement planning information and
counselling on how to cope with post-retirement social, physiological and financial challenges
Description
Keywords
Retirement, Retiree, Retirement Preparation, Retirement Happiness, Retirement Challenges, Retirement Planning, Retirement Information, Kenya
Citation
International Journal of Education and Research Vol. 1 No. 3 March 2013