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Income decline and retiree well-being: the moderating role of attachment
Dikla Segel-Karpas1, Peter A Bamberger2, Samuel B Bacharach3
1Faculty of Industrial Engineering and Management, Israel Institute of Technology.
Abstract:
Given that it influences the appraisal of situations and the utilization of coping resources, attachment orientation may condition the effects of retirement-related stressors on retiree well-being. Focusing on depression, psychosomatic complaints and health, as well as income decline as a retirement-related stressor, we followed a sample of workers from just before retirement to up to 7 years postretirement. Results indicate that attachment avoidance-but not anxiety-moderates the adverse effects of income decline on well-being, with such effects more pronounced among individuals reporting higher levels of attachment avoidance. Theoretical and practical implications are discussed.
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