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SIU PSYC 310 - Work and Retirement
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PSYC 310 1st Edition Lecture 19Outline of Last Lecture No Lecture due to Review DayOutline of Current LectureI. Work & RetirementII. Retirement PlanningIII. Phases of RetirementIV. Retirement PatternV. The Effects of Retirement on the IndividualCurrent LectureI. Work & Retirementa. How do we define it?b. Changing Conceptions of Retirementc. Retirement is a growing trendi. 1990 – 60% of older men workingii. 1990 - <20% of older men workingd. Social Security has allowed more people to afford retirement (also increase in private person systems)e. Video: The New Psychology of Retirement for Baby BoomersII. Retirement Planninga. What does work mean to you?b. What is the personal significance of retirement for you?These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.c. What are you and your family’s expectations of retirement?d. Are your expectations realistic?III. Phases of Retirementa. Remoteb. Nearc. Honeymoond. Disenchantmente. Reorientationf. Stabilityg. Terminationh. Anticipatory Period  Decision to Retire  Retirement  Continual Adjustment  Changes in activity patternsIV. Retirement Patterna. Crisp Pattern – clear-cut exit from the workplace and retirees don’t go back for work at allb. Blurred Pattern – Part time work in same field they retired fromc. Bridge Employment – Financial Need to get another job (Crossing Guard, Wal-Mart Greeter, Bus-Driver, etc.)V. The Effects of Retirement on the Individuala. Role Theory – Roles provide source of fulfillment, Loss of work role is harmfulb. Continuity Theory – Retirees maintain previous sense of identity, retirement is not a crisisc. Life-Course Perspective – Normative timing of events, Retirement stressful only when


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