TY - JOUR
T1 - Affective Well-Being in Retirement
T2 - The Influence of Values, Money, and Health Across Three Years
AU - Burr, Andrew
AU - Santo, Jonathan B.
AU - Pushkar, Dolores
N1 - Funding Information:
Acknowledgments This research was funded by master’s and doctoral level fellowships awarded to the first author from the Social Sciences and Humanities Research Council of Canada (SSHRC) and the Fonds de Recherche en Société et Culture (FQRSC), as well as by a grant awarded by the Canadian Institutes of Health Research (grant M00074) to Dolores Pushkar, June Chaikelson, Michael Conway, Jamshid Etezadi, Dina Giannopoulos, Karen Li, and Carsten Wrosch. The authors would like to thank Shalom Schwartz, Michael Conway, Sarah Etezadi and Claude Senneville for their contributions to this project.
PY - 2011/3
Y1 - 2011/3
N2 - In this study, personal values, health, and financial status were investigated as determinants 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 hypothesized to show direct links to positive affect (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 (ST), openness to change (OC), and conservation values. Higher NA was predicted by female gender, lower finances, more illnesses, higher self-enhancement (SE) and lower OC values. SE and OC values also moderated the association between financial status and PA. Longitudinal analyses 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.
AB - In this study, personal values, health, and financial status were investigated as determinants 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 hypothesized to show direct links to positive affect (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 (ST), openness to change (OC), and conservation values. Higher NA was predicted by female gender, lower finances, more illnesses, higher self-enhancement (SE) and lower OC values. SE and OC values also moderated the association between financial status and PA. Longitudinal analyses 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.
KW - Finance
KW - Health
KW - Retirement
KW - Subjective well-being
KW - Values
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U2 - 10.1007/s10902-009-9173-2
DO - 10.1007/s10902-009-9173-2
M3 - Article
AN - SCOPUS:79551534485
SN - 1389-4978
VL - 12
SP - 17
EP - 40
JO - Journal of Happiness Studies
JF - Journal of Happiness Studies
IS - 1
ER -