Citation

Pang, Mary and Lai, Ming Ming and Chong, Lee Lee and Lee, Yvonne Lean Ee and Lau, Siok Hwa (2024) Modelling retirement resources, home environment and quality of marriage for greater well-being. Applied Research in Quality of Life. ISSN 1871-2584

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Abstract

To retire comfortably with one’s well-being ensured is a common goal. The transition to retirement potentially introduces a destabilising element towards one’s fnancial, health, emotional, cognitive, motivational, and social resources. This paper examines the relationships between these components of the retirement resources inventory, home environment, quality marriage and subjective wellbeing which consists of life satisfaction, positive afect, negative afect and happiness elements. The study utilized the purposive sampling method where questionnaires were administered to 650 retirees at senior activity centers with high memberships and at states with high old-age dependency ratios. The respondents’ demographics refect Malaysia’s ethnic composition, with half of them with secondary education. The constructs were developed using exploratory factor analysis and further confrmed through structural equation modelling (partial least squares). Analysis indicates that all seven retirement resources signifcantly contribute to retirees’ subjective well-being. Retirees’ subjective well-being is strongly related to having a home environment that is elderly friendly. Quality marriage mediates the relationship between retirement resources inventory and subjective well-being, as marriages mean more fnancial and social resources are pooled together in addition to the positive emotions that exist in the union. The fndings implied that relevant authorities should increase institutional and public awareness of the urgency for future retirees to prepare, maintain as well as gain these retirement resources before they reach retirement age. This allows for the retired population to better cope with challenges brought by ageing and old age as Malaysia moves rapidly towards becoming an aged nation by the year 2044.

Item Type:	Article
Uncontrolled Keywords:	Retirement
Subjects:	H Social Sciences > HQ The family. Marriage. Woman > HQ503-1064 The family. Marriage. Home
Divisions:	Faculty of Business (FOB) Faculty of Management (FOM)
Depositing User:	Ms Nurul Iqtiani Ahmad
Date Deposited:	02 Oct 2024 02:21
Last Modified:	02 Oct 2024 02:21
URII:	http://shdl.mmu.edu.my/id/eprint/13038

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