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Published on: April 18, 2017
Image theory, goal incompatibility, and retirement intent
Ruby R Brougham1, David A Walsh
1Department of Psychology, Chapman University, California, Orange 92866, USA. brougham@chapman.edu
Retirement decisions hinge on identity fit. Perceived incompatibility between personal goals and work or retirement choices significantly predicts retirement intent, aligning with image theory.
Area of Science:
- Psychology
- Sociology
- Organizational Behavior
Background:
- Identity is a key factor influencing major life decisions, including work and retirement.
- Image theory posits that actions aligning with one's goals (trajectory image) are crucial for maintaining self-identity.
- Goal incompatibility serves as a mechanism to assess the 'fit' between personal goals and life choices like retirement.
Purpose of the Study:
- To investigate the role of identity and goal incompatibility in predicting retirement intent.
- To test the applicability of image theory to retirement decisions.
- To compare the predictive power of goal incompatibility against goal facilitation and cost/benefit models.
Main Methods:
- Survey administered to 238 full-time employees.
- Measurement of the 'fit' between the trajectory image and retirement/work choices.
- Analysis of perceived goal incompatibility as a predictor of retirement intent.
Main Results:
- Perceived incompatibility between personal goals and work/retirement choices predicted 25% of retirement intent.
- Goal incompatibility was a stronger predictor than goal facilitation.
- Goal incompatibility showed equal predictive power to a cost/benefit model.
Conclusions:
- Findings support image theory's predictions regarding goal incompatibility and retirement decisions.
- Identity, conceptualized through goal compatibility, is fundamental in predicting retirement intent.
- Results extend continuity theory by emphasizing identity's role in retirement planning.
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