PLANNING AND EXPECTATIONS OF THE RETIREMENT EXPERIENCE

Research suggests that retirement planning can benefit individuals in a number of ways. In this study, two types of informal retirement plan ning and participation in a retirement planning seminar were used to p redict retirement expectations and self-efficacy, or subjects' confide nce in their ability to make the retirement transition. Results sugges ted that informal leisure planning had a positive impact on expectatio ns and self-efficacy, whereas effects of participating in the planning seminar were limited to retirement expectations. Suggestions for desi gning planning seminars are discussed in view of these findings.