Postretirement Career Planning: Testing a Model Based on Social Cognitive Career Theory

Journal of Career Development, online October 24, 2013, DOI: 10.1177/0894845313507749

19 Pages Posted: 4 Aug 2015

See all articles by Anne Woehrmann

Anne Woehrmann

Leuphana University of Lueneburg

Jürgen Deller

Leuphana University of Lueneburg

Mo Wang

University of Florida - Department of Management

Date Written: October 24, 2013

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 postretirement career planning is important. Therefore, drawing on social cognitive career theory, we develop and test a model for postretirement career planning in this study. An online survey including measures of occupational self-efficacy, interest in occupation-related activities as well as postretirement 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 postretirement career planning. Altogether the predictors accounted for 37% of variance in postretirement career intention and 9% of variance in planning activity. Based on our findings, we discuss options to foster postretirement career planning.

Suggested Citation

Woehrmann, Anne and Deller, Jürgen and Wang, Mo, Postretirement Career Planning: Testing a Model Based on Social Cognitive Career Theory (October 24, 2013). Journal of Career Development, online October 24, 2013, DOI: 10.1177/0894845313507749, Available at SSRN: https://ssrn.com/abstract=2639251

Anne Woehrmann

Leuphana University of Lueneburg ( email )

Scharnhorststraße 1
Wilschenbrucher Weg 69
Lüneburg, 21335
Germany

Jürgen Deller

Leuphana University of Lueneburg ( email )

Scharnhorststrasse 1
Lüneburg, 21314
Germany

Mo Wang (Contact Author)

University of Florida - Department of Management ( email )

United States

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