This study investigates the impact of preretirement planning on life s
atisfaction during retirement. It addresses the question of which mann
er of preretirement planning is most effective in enhancing life durin
g retirement. The sample consisted of 322 retired subjects who were af
filiated with either a community church or an alumni chapter of a nati
onal fraternity or who retired from a large private corporation. The f
indings indicate that retirement preparatory programs are most useful
if they are performed or provided in a timely manner and effectively a
ddress, among other topics, health and financial matters pertinent to
retirees. Further findings indicate that there were significant differ
ences in the life satisfaction expressed by retirees who planned on th
eir own as compared with those who participated in structured company-
sponsored preretirement planning programs and those who did not plan f
or retirement. Such findings suggest that gerontology educators, resea
rchers, and professionals should continue to develop more effective re
tirement preparatory programs.