PRE-RETIREMENT PLANNING AND SATISFACTION OF PROSPECTIVE RETIREES IN THE HOTEL INDUSTRY

Aborampah Amoah-Mensah and Patrick Darkwa
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Aborampah Amoah-Mensah: University of Cape Coast
Patrick Darkwa: University of Cape Coast

Romanian Economic Business Review, 2016, vol. 11, issue 3, 15-33

Abstract: Generally, studies on retirement planning (preparation) and its influence on satisfaction of prospective retirees do not seem prevalent. Drawing on the process theory of general planning and the role theory, we examine this gap in the hotel industry by interviewing 656 prospective retirees in the hotel industry in the Central Region, Ghana. We propose that pre-retirement preparation relates to preretirement satisfaction. The results support our proposition. Also, social support emerged as the strongest predictor of pre-retirement satisfaction.

Keywords: Retirement planning; satisfaction; prospective retirees; hotel industry (search for similar items in EconPapers)
Date: 2016
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