Breadcrumb

 
 

Affective Well-Being in Retirement: The Influence of Valuers, Money and Health Across Three Years

Title:

Affective Well-Being in Retirement: The Influence of Valuers, Money and Health Across Three Years

Burr, Andrew and Santo, Jonathan B. and Pushkar, Dolores (2009) Affective Well-Being in Retirement: The Influence of Valuers, Money and Health Across Three Years. Journal of Happiness Studies . ISSN 1389-4978

[img]
Preview
PDF (post-print: final draft post-refereeing) - Published Version
3747Kb

Official URL: http://dx.doi.org/10.1007/s10902-009-9173-2

Abstract

In this study, personal values, health and financial status were investigated as determinates of affective well-being in a sample of 371 recent retirees across 3 years. Personal values, measured with the Portrait Value Questionnaire (Schwartz et al. in J Cross Cult Psychol 32:519-542, 2001), were hypnotized to show direct links to positive effect (PA) and negative affect (NA) as well as to moderate the association between financial and health status and affective well-being. Using structural equation modeling, higher PA was predicted by female gender, better finances, fewer illnesses, and higher self-transcendence (SE) and lower OC values. SE and OC also moderate the association between financial status and PA. Longitudinal analysis indicated a relatively stable pattern of associations across 3 years. While the impact of finances on affect was stable over time, the effects of health and values increased across 3 years.

Divisions:Concordia University > Research Units > Centre for Research in Human Development
Concordia University > Faculty of Arts and Science > Psychology
Item Type:Article
Refereed:Yes
Authors:Burr, Andrew and Santo, Jonathan B. and Pushkar, Dolores
Journal or Publication:Journal of Happiness Studies
Date:10 November 2009
Keywords:Values, Subjective well-being, Retirement, Finance, Health
ID Code:6489
Deposited By:DOLORES PUSHKAR
Deposited On:23 Feb 2010 11:16
Last Modified:08 Dec 2010 10:51
References:
Ackerman, S., Zuroff, D. C., & Moskowitz, D. S. (2000). Generativity in midlife and young adults: Links to agency, communion, and subjective well-being. International Journal of Aging and Human Development, 50, 17–41.

An, J. S., & Cooney, T. M. (2006). Psychological well-being in mid to late life: The role of generativity development and parent-child relationships across the lifespan. International Journal of Behavioral Development, 30, 410–421.

Bowlby, G. (2007). Defining retirement (Statistics Canada catalogue # 75001-XIE). Retrieved February 2, 2009, from the Statistics Canada website: http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?lang=eng&catno=75-001-X20071029584.

Brown, T. A., Chorpita, B. F., & Barlow, D. H. (1998). Structural relationships among dimension of the DSM-IV anxiety and mood disorders and dimensions of negative affect, positive affect, and autonomic arousal. Journal of Abnormal Psychology, 107, 179–192.

Brown, K. W., & Kasser, T. (2005). Are psychological and ecological well-being compatible? The role of values, mindfulness, and, lifestyle. Social Indicators Research, 74, 349–368.

Burroughs, J. E., & Rindfleisch, A. (2002). Materialism and well-being: A conflicting values perspective. Journal of Consumer Research, 29, 348–370.

Caprara, G. V., Caprara, M., & Steca, P. (2003). Personality correlates of adult development and aging. European Psychologist, 8, 131–147.

Carstensen, L. L., Isaacowitz, D. M., & Charles, S. T. (1999). Taking time seriously: A theory of socioemotional selectivity. American Psychologist, 54, 165–181.

Chan, R., & Joseph, S. (2000). Dimensions of personality, domains of aspiration, and subjective well-being. Personality and Individual Differences, 28, 347–354.

Deci, E. L., & Ryan, R. M. (2000). The “what” and “why” of goal pursuits: Human needs and the self-determination of behavior. Psychological Inquiry, 11, 227–268.

Diener, E., & Oishi, S. (2000). Money and happiness: Income and subjective well-being across nations. In E. Diener & E. M. Suh (Eds.), Culture and subjective well-being (pp. 185–218). Cambridge, MA: MIT Press.

Diener, E., Sandvik, E., & Pavot, W. (1991). Happiness is the frequency, not the intensity, of positive versus negative affect. In F. Strack, M. Argyle, & N. Schwartz (Eds.), Subjective well-being: An interdisciplinary perspective (pp. 119–139). Elmsford, NY: Pergamon Press.

Diener, E., & Seligman, M. E. P. (2004). Beyond money: Toward an economy of well-being. Psychological Science in the Public Interest, 5, 1–31.

Diener, E., Suh, E. M., Lucas, R. E., & Smith, H. L. (1999). Subjective well-being: Three decades of progress. Psychological Bulletin, 125, 276–302.

Erikson, E. (1959). Identity and the life cycle. New York: International Universities Press.

Eyal, T., Sagristano, M. D., Trope, Y., Liberman, N., & Chaiken, S. (2009). When values matter: Expressing values in behavioral intentions for the near vs. distant future. Journal of Experimental Social Psychology, 45, 35–43.

Gold, D. P., Andres, D., Etezadi, J., Arbuckle, T., Schwartzman, A., & Chaikelson, J. (1995). Structural equation model of intellectual change and continuity and predictors of intelligence in elderly men. Psychology and Aging, 10, 294–303.

Hellevik, O. (2003). Economy, values, and happiness in Norway. Journal of Happiness Studies, 4, 243–283.

Kashdan, T. B., & Breen, W. E. (2007). Materialism and diminished well-being: Experiential avoidance as a mediating mechanism. Journal of Social and Clinical Psychology, 26, 521–539.

Kasser, T. (2004). The good life or the goods life? Positive psychology and personal well-being in the culture of consumption. In A. P. Linley & S. Joseph (Eds.), Positive psychology in practice (pp. 55–67). Hoboken, NJ: Wiley.

Kasser, T., & Ahuvia, A. (2002). Materialistic values and well-being in business students. European Journal of Social Psychology, 32, 137–146.

Kasser, T., & Ryan, R. M. (1993). A dark side of the American dream: Correlates of financial success as a central life aspiration. Journal of Personality and Social Psychology, 65, 410–422.

Kasser, T., & Ryan, R. M. (2001). Be careful what you wish for: Optimal functioning and the relative attainment of intrinsic and extrinsic goals. In P. Schmuck & K. M. Sheldon (Eds.), Life goals and well-being: Toward a positive psychology of human striving (pp. 116–131). Ashland, OH: Hogrefe & Huber.

Kasser, T., Ryan, R. M., Couchman, C. E., & Sheldon, K. M. (2004). Materialistic values: Their causes and consequences. In T. Kasser & A. Kanner (Eds.), Psychology and consumer culture: The struggle for a good life in a materialistic world (pp. 11–28). Washington, DC: American Psychological Association.

Kim, J., & Moen, P. (2001). Is retirement good or bad for subjective well-being? Current Directions in Psychological Science, 10, 83–86.

Kunzmann, U. (2008). Differential age trajectories of positive and negative affect: Further evidence from the Berlin Aging Study. Journals of Gerontology. Series B, Psychological Sciences and Social Sciences, 63B, P261–P270.

Larsen, R. J., & Prizmic, Z. (2008). Regulation of emotional well-being. In M. Eid & R. J. Larsen (Eds.), The science of subjective well-being (pp. 258–289). New York: Guilford Press.

McAdams, D. P., de St.-Aubin, E., & Logan, R. L. (1993). Generativity among young, midlife, and older adults. Psychology and Aging, 8, 221–230.

Muthén, L. K., & Muthén, B. O. (2006). Mplus: Statistical analysis with latent variables (4th ed.). Los Angeles, CA: Muthén & Muthén.

Oishi, S., Diener, E., Suh, E., & Lucas, R. E. (1999). Value as a moderator in subjective well-being. Journal of Personality, 67, 157–184.

Oreg, S., Bayazit, M., Vakola, M., Arciniega, L., Armenakis, A., Barkauskiene, R., et al. (2008). Dispositional resistance to change: Measurement equivalence and the link to personal values across 17 nations. Journal of Applied Psychology, 93, 935–944.

Pavot, W. (2008). The assessment of subjective well-being. In M. Eid & R. J. Larsen (Eds.), The science of subjective well-being (pp. 124–140). New York: Guilford Press.

Piazza, J. R., Charles, S. T., & Almeida, D. M. (2007). Living with chronic health conditions: Age differences in affective well-being. Journals of Gerontology. Series B, Psychological Sciences and Social Sciences, 62B, P313–P321.

Pinquart, M., & Schindler, I. (2007). Changes in life satisfaction in the transition to retirement: A latent-class approach. Psychology and Aging, 22, 442–455.

Pushkar, D., Arbuckle, T., Rousseau, F., & Bourque, P. (2003). Réussir sa vieillesse: La vision des aînés [Successful aging: The eye of the beholder]. Revue Québécoise de Psychologie, 24, 155–174.

Pushkar, D., Etezadi, J., Chaikelson, J., Conway, M., Giannopolous, C., Li, K., et al. (in press). A continuity model of retirement satisfaction incorporating reasons for retirement and sources of enjoyment. Journals of Gerontology: Psychological Science.

Ryan, R. M., Sheldon, K. M., Kasser, T., & Deci, E. L. (1996). All goals were not created equal: The relation of goal content and regulatory styles to mental health. In J. A. Bargh & P. M. Gollwitzer (Eds.), The psychology of action: Linking cognition and motivation to behavior (pp. 7–26). New York: Guilford Press.

Sagiv, L., Roccas, S., & Hazan, O. (2004). Value pathways to well-being: Healthy values, valued goal attainment, and environmental congruence. In A. P. Linley & S. Joseph (Eds.), Positive psychology in practice (pp. 68–85). New York: Wiley.

Sagiv, L., & Schwartz, S. H. (2000). Value priorities and subjective well-being: Direct relations and congruity effects. European Journal of Social Psychology, 30, 177–198.

Schimmack, U. (2008). The structure of subjective well-being. In M. Eid & R. J. Larsen (Eds.), The science of subjective well-being (pp. 97–123). New York: Guilford Press.

Schwartz, S. H. (1992). Universals in the content and structure of values: Theoretical advances and empirical tests in 20 countries. In M. Zanna (Ed.), Advances in experimental social psychology (pp. 1–65). New York: Academic Press.

Schwartz, S. H., & Boehnke, K. (2004). Evaluating the structure of human values with confirmatory factor analysis. Journal of Research in Personality, 38, 230–255.

Schwartz, S. H., Melech, G., Lehmann, A., Burgess, S., Harris, M., & Owens, V. E. (2001). Extending the cross-cultural validity of the theory of basic human values with a different method of measurement. Journal of Cross Cultural Psychology, 32, 519–542.

Schwartz, S. H., & Rubel, T. (2005). Gender differences in value priorities: Cross-cultural and multimethod studies. Journal of Personality and Social Psychology, 89, 1010–1028.

Sheldon, K. (2005). Positive value change during college: Normative trends and individual differences. Journal of Research in Personality, 39, 209–223.

Sheldon, K., Elliot, A. J., Ryan, R. M., Chirkov, V., Kim, Y., Wu, C., et al. (2004). Self-concordance and subjective well-being in four cultures. Journal of Cross-Cutural Psychology, 35, 209–223.

Silfver, M., Helkama, K., Lönnqvist, J. E., & Verkasalo, M. (2008). The relation between value priorities and proneness to guilt, shame, and empathy. Motivation and Emotion, 32, 69–80.

Singh-Manoux, A., Adler, N. E., & Marmot, M. G. (2003). Subjective social status: Its determinants and its association with measures of ill-health in the Whitehall II study. Social Science and Medicine, 56, 1321–1333.

Statistics Canada. (2005). Population projections for Canada, provinces, and territories, 2005 to 2031. Retrieved February 2, 2009, from http://www.statcan.gc.ca/daily-quotidien/051215/dq051215b-eng.htm.

Statistics Canada. (2006). A portrait of seniors in Canada. Statistics Canada catalogue # 89-519-XIE. Retrieved August 29, 2009, from http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?lang=eng&catno=89-519-X.

Szinovacz, M. E., & Davey, A. (2004). Honeymoons and joint lunches: Effects of retirement and spouse’s employment on depressive symptoms. Journals of Gerontology. Series B, Psychological Sciences and Social Sciences, 59B, P233–P245.

Torelli, C. J., & Kaikati, A. M. (2009). Values as predictors of judgments and behaviors: The role of abstract and concrete mindsets. Journal of Personality and Social Psychology, 96, 231–247.

Van Solinge, H., & Henkens, K. (2008). Adjustment to and satisfaction with retirement: Two of a kind? Psychology and Aging, 23, 422–434.

Wang, M. (2007). Profiling retirees in the retirement transition and adjustment process: Examining the longitudinal change patterns of retirees psychological well-being. Journal of Applied Psychology, 92, 455–474.

Watson, D., Clark, L. A., & Tellegen, A. (1988). Development and validation of brief measures of positive and negative affect: The PANAS scales. Journal of Personality and Social Psychology, 54, 1063–1070.

Wyler, A. R., Masuda, M., & Holmes, T. H. (1967). Seriousness of illness rating scale. Journal of Psychosomatic Research, 11, 363–374.
All items in Spectrum are protected by copyright, with all rights reserved. The use of items is governed by Spectrum's terms of access.

Repository Staff Only: item control page

Document Downloads

More statistics for this item...

Concordia University - Footer