Adjustment to Loss of Job at Retirement

Abstract

This paper presents an approach to adjustment to the loss of job at retirement which attempts to integrate earlier approaches by focusing on the impact of retirement on the individual's hierarchy of personal goals. If the job is high in that hierarchy and yet unachieved, then the individual can be expected to seek another job or a job substitute. If this is unsuccessful, then the hierarchy of personal goals must be reorganized. If the individual is broadly engaged, the hierarchy can be consolidated. If he or she is narrowly engaged, then alternate roles must be sought. If the search is successful, a new hierarchy emerges. If not, the individual must withdraw. If the job is not high in the hierarchy to begin with, then no serious change in personal goals accompanies retirement.