Meta-analytic procedures were used to examine relationships between objective income (OI), perceived adequacy of income and retirement and their consequences. Our review of the litera-ture generated 90 independent samples obtained from 71 primary studies with 115,129 partici-pants, which provided 136 independent effect sizes (ES’s). A high effect size (ES) (r = .37) was found for the subjective income–retirement planning relation, and a medium ES (r = .29) for the OI–retirement planning relation. Regarding retirement consequences, both objective and subjec-tive incomes were positively related to retirement adjustment indicators, with low ES for OI–life satisfaction, OI-retirement income satisfaction, and retirement satisfaction. Structural equa-tion analysis using the pooled correlation matrix allowed testing a more complex model. Poten-tial moderator variables were examined, and it was found that they explained only a small per-centage of variability of primary studies. Results and theoretical and empirical implications are discussed.
Retirement and wealth relationships: Meta-analysis and SEM
DEPOLO, MARCO;
2011
Abstract
Meta-analytic procedures were used to examine relationships between objective income (OI), perceived adequacy of income and retirement and their consequences. Our review of the litera-ture generated 90 independent samples obtained from 71 primary studies with 115,129 partici-pants, which provided 136 independent effect sizes (ES’s). A high effect size (ES) (r = .37) was found for the subjective income–retirement planning relation, and a medium ES (r = .29) for the OI–retirement planning relation. Regarding retirement consequences, both objective and subjec-tive incomes were positively related to retirement adjustment indicators, with low ES for OI–life satisfaction, OI-retirement income satisfaction, and retirement satisfaction. Structural equa-tion analysis using the pooled correlation matrix allowed testing a more complex model. Poten-tial moderator variables were examined, and it was found that they explained only a small per-centage of variability of primary studies. Results and theoretical and empirical implications are discussed.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
