INFLUENCE OF RETIREMENT PLANNING ON RETIREMENT SATISFACTION AMONG RETIREES IN ILORIN, KWARA STATE

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dc.contributor.authorAbdussalam, ABDULHAMEED
dc.contributor.authorSunday Evaristus, ABONYI
dc.date.accessioned2023-05-09T16:43:35Z
dc.date.available2023-05-09T16:43:35Z
dc.date.issued2022
dc.description.abstractThis study investigated the influence of retirement planning on retirement satisfaction among retirees in Ilorin, Kwara State. The survey research design was adopted for the study. Purposive sampling technique was used to select 3 centres for pensioners in Ilorin. Simple random sampling technique was used to select 324 respondents in the selected centres. A standardised retirement inventory scale for financial resources (x=0.81); a self-developed scale on marital satisfaction and health wellbeing scale (x=0.82). Three hypotheses were formulated and tested at 0.05 level of significant. The findings showed that there was positive significant relationship between financial resources and retirement satisfaction (r =.405, < 0.05). Also, there was positive significant relationship between marital satisfaction and retirement satisfaction (r =.384, < 0.05). Similarly, there was positive significant relationship between health wellbeing and retirement satisfaction (r =.486, < 0.05). The joint contributions of financial resources, marital satisfaction and health wellbeing was significant F= 42.199 p <.05; the relative contribution of health wellbeing (â=0.331, t =5.008, p<.05), financial resources (â= .226, t =4.244, p<.05) and marital satisfaction (â= .081, t = 1.269 p<.05) with health wellbeing being the most influential factor, followed by financial resources and marital satisfaction. Based on the findings of the study, it was recommended that retirees and prospective retirees should always intensify efforts to participate in pre-retirement training/seminars aimed at having retirement satisfaction. Pension board or commission should constantly organise periodic workshop, seminars or trainings that will assist in enhancing retirement satisfaction.en_US
dc.identifier.issn115-960X
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/9870
dc.language.isoenen_US
dc.publisherFaculty of Social Science, University of Ilorinen_US
dc.relation.ispartofseries24;1
dc.subjectRetirement planningen_US
dc.subjectfinancial resourcesen_US
dc.subjectmarital satisfactionen_US
dc.subjectHealth wellbeingen_US
dc.subjectRetirement satisfactionen_US
dc.subjectRetireesen_US
dc.titleINFLUENCE OF RETIREMENT PLANNING ON RETIREMENT SATISFACTION AMONG RETIREES IN ILORIN, KWARA STATEen_US
dc.typeArticleen_US

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