The Decision to Retire: 3D Conceptual Model and Research Review

The decision to retire has life-altering implications for finances, health, and well-being in later life. It is clear that advancing our understanding of the retirement decision process requires a holistic and integrative perspective that considers factors in all three domains.

The goal of this paper is to present a systematic framework for organizing, evaluating, and understanding the numerous factors involved in retirement decisions. This paper is designed for professionals, practitioners, and researchers who wish to understand the 3D Model of retirement decision-making in full detail.

 

A companion paper aimed at professionals and practitioners offers practical advice for improving the retirement decision process.  Read more