Income decline and retiree well-being: The moderating role of attachment.

Abstract

Given that it influences the appraisal of situations and the utilization of coping resources, attachment orientation may condition the effects of retirement-related stressors on retiree well-being. Focusing on depression, psychosomatic complaints and health, as well as income decline as a retirement-related stressor, we followed a sample of workers from just before retirement to up to 7 years postretirement. Results indicate that attachment avoidance-but not anxiety-moderates the adverse effects of income decline on well-being, with such effects more pronounced among individuals reporting higher levels of attachment avoidance. Theoretical and practical implications are discussed.