Retirement resources and post-retirement well-being: the mediating effect of sense of coherence and the moderated mediation effect of leisure activity types

Abstract

AbstractThis study investigated the mediating effect of sense of coherence on the relationship between retirement resources and post-retirement well-being (i.e., retirement adjustment and retirement satisfaction) and the moderated mediation effect of leisure activity types (i.e., active vs. passive physical activity) on the relationship. An online survey was distributed to Korean baby boomer retirees, born between 1955 and 1963, and 442 participants completed the survey. Structural equation modeling and multigroup analyses were performed to examine the hypothesized model. The results showed that sense of coherence (SOC) mediated the relationship between retirement resources, retirement adjustment, and satisfaction. Additionally, the analyses demonstrated a moderated mediation effect from leisure activity types on this relationship. Specifically, the effect of retirement resources on retirement satisfaction through SOC was higher for Korean baby boomer retirees who participated in active leisure types, such as golfing and climbing. Therefore, considering active leisure types to better cope with the post-retirement lifestyle and increase post-retirement well-being is crucial.