The Influence of Preretirement Planning and Transferability of Skills on Naval Officers' Retirement Satisfaction and Adjustment

Abstract

Although there is a plethora of research regarding civilian retirees' satisfaction and adjustment, there has been very little systematic research on the same issues for military retirees. Therefore, we sought to determine if preretirement planning and having knowledge, skills, and abilities (KSAs) that are readily transferable to civilian work affected the retirement satisfaction and adjustment of retired naval officers. Data (N=672) from a large scale, longitudinal study of naval officers' career development was used. Results indicate that both preretirement planning and transferability of KSAs influence the retirement satisfaction and adjustment of naval officers. The authors discuss how these findings add to our understanding of both military retirement and civilian late career transitions.