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The role of personality in retirement adjustment: Longitudinal evidence for the effects on life satisfaction
Author(s) -
Hansson Isabelle,
Henning Georg,
Buratti Sandra,
Lindwall Magnus,
Kivi Marie,
Johansson Boo,
Berg Anne Ingeborg
Publication year - 2020
Publication title -
journal of personality
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.082
H-Index - 144
eISSN - 1467-6494
pISSN - 0022-3506
DOI - 10.1111/jopy.12516
Subject(s) - psychology , life satisfaction , conscientiousness , personality , neuroticism , agreeableness , autonomy , extraversion and introversion , big five personality traits , social support , longitudinal study , population , clinical psychology , developmental psychology , social psychology , demography , medicine , pathology , sociology , political science , law
Objective Research on retirement suggests that personality can influence the adjustment process, but the mechanisms involved remain still largely unknown. In the present study, we investigate direct and indirect associations between the Big Five personality traits and life satisfaction over the retirement transition. Indirect effects were evaluated through the role of personality for levels and changes in self‐esteem, autonomy, social support, self‐rated physical health, self‐rated cognitive ability, and financial satisfaction. Method Our sample consisted of 796 older adults (age 60–66) and four annual measurement waves from the longitudinal population‐based HEalth, Ageing, and Retirement Transitions in Sweden (HEARTS) study, including individuals retiring during the study period. Results Results from multivariate latent growth curve analysis revealed multiple indirect associations between personality and life satisfaction. Extraversion, Agreeableness, and Conscientiousness were positively related to life satisfaction through higher levels of self‐esteem, autonomy, and social support. Neuroticism was negatively associated with life satisfaction through lower levels of self‐esteem and lower levels and negative changes in autonomy and social support. Conclusions Our findings suggest that retirees with higher levels of Neuroticism are more vulnerable in the transition process and they are also more likely to experience adjustment problems resulting from negative changes in key resources.