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Generational Differences in the Meaning of Retirement from Farming
Author(s) -
MarotzBaden Ramona,
Keating Norah C.,
Munro Brenda
Publication year - 1995
Publication title -
family and consumer sciences research journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.372
H-Index - 31
eISSN - 1552-3934
pISSN - 1077-727X
DOI - 10.1177/1077727x950241003
Subject(s) - meaning (existential) , agriculture , first generation , retirement age , sociology , differential (mechanical device) , generation x , demographic economics , labour economics , economics , psychology , demography , history , finance , population , archaeology , engineering , psychotherapist , aerospace engineering , pension , baby boomers
Developmental stake theory posits that the parental generation will have a greater stake in the family and in family continuity than will their adult children. This research tested the effect of these differential stakes on the meaning of retirement for 365 members of the retiring generation and 276 members of the receiving generation currently farming together in Canada and the United States. The hypotheses that more of the retiring generation would say retirement from farming meant exit from management responsibility and more of the younger generation would say retirement from farming meant exit from ownership were supported. The hypothesis that more of the younger generation would say retirement meant exitfrom labor was not supported. Both generations had stakes in farming andfamily, but the older generation had a greater stake in family continuity. Differences in expectations are predicted to result in intergenerational tension. Implicationsfor practitioners and researchers are discussed.