Trialing an online intervention to improve retirement planning goal setting and goal specificity

Joanne Kaa Earl,1 Bianca Burbury2 1Department of Psychology, Macquarie University, Sydney, NSW 2109, Australia; 2School of Psychology, The University of New South Wales, Sydney, NSW 2052, Australia Purpose: Time perspective (TP) is the term used to describe people’s preferences...

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Autores principales: Earl JK, Burbury B
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Publicado: Dove Medical Press 2019
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spelling oai:doaj.org-article:9ef282cd70994ff9bc4873afbc3fa6032021-12-02T04:47:38ZTrialing an online intervention to improve retirement planning goal setting and goal specificity1178-1998https://doaj.org/article/9ef282cd70994ff9bc4873afbc3fa6032019-02-01T00:00:00Zhttps://www.dovepress.com/trialing-an-online-intervention-to-improve-retirement-planning-goal-se-peer-reviewed-article-CIAhttps://doaj.org/toc/1178-1998Joanne Kaa Earl,1 Bianca Burbury2 1Department of Psychology, Macquarie University, Sydney, NSW 2109, Australia; 2School of Psychology, The University of New South Wales, Sydney, NSW 2052, Australia Purpose: Time perspective (TP) is the term used to describe people’s preferences to focus on the past, present, and the future. Previous research demonstrates a link between TP and retirement planning. The objective of this study was to evaluate a TP-based online training intervention to improve retirement planning emphasizing the accumulation of resources.Patients and methods: Twenty-two (M=59.41 years) working and fully retired participants were compared to a control group of 18 (M=56.67 years) participants. The intervention included three separate modules delivered online at the rate of one per week over a 3-week testing session. Outcomes focused on retirement goals and goal specificity.Results: When compared to the control group, subjects in the intervention improved the number of goals relating to the accumulation of health (F(1,35)=10.15, P<0.01, 95% CI [0.28, 2.77]) and emotional resources (F(1,35)=5.16, P<0.05, 95% CI [-0.22, 2.37]). Goals relating to the accumulation of health resources also became more specific within the experimental group when compared to the control group and a significant interaction was recorded (F(1,38)=15.78, P<0.01, 95% CI [0.33, 1.74]). Similar interactions between the control and experimental groups were reported for the accumulation of cognitive resources (F(1,38)=13.15, P<0.01, 95% CI [0.28, 1.96]) and for emotional resources (F(1,38)=7.39, P<0.01, 95% CI [0.00, 1.50]). Qualitative feedback included recommendations to improve engagement by using more activities, providing clearer navigation instructions and avoiding the use of animation. Conclusion: Applying a TP-based framework to the design of an online training intervention helped improve the accumulation and specificity of emotional and health resources for retirement. The study contains a number of theoretical and practical recommendations informing the design of future retirement planning interventions. Keywords: resource accumulation, planning behavior, retirement, time perspective, retirement resources inventory, time perspective  Earl JKBurbury BDove Medical Pressarticleresource accumulationplanning behaviourretirementTime PerspectiveRetirement Resources Inventory.GeriatricsRC952-954.6ENClinical Interventions in Aging, Vol Volume 14, Pp 419-425 (2019)
institution DOAJ
collection DOAJ
language EN
topic resource accumulation
planning behaviour
retirement
Time Perspective
Retirement Resources Inventory.
Geriatrics
RC952-954.6
spellingShingle resource accumulation
planning behaviour
retirement
Time Perspective
Retirement Resources Inventory.
Geriatrics
RC952-954.6
Earl JK
Burbury B
Trialing an online intervention to improve retirement planning goal setting and goal specificity
description Joanne Kaa Earl,1 Bianca Burbury2 1Department of Psychology, Macquarie University, Sydney, NSW 2109, Australia; 2School of Psychology, The University of New South Wales, Sydney, NSW 2052, Australia Purpose: Time perspective (TP) is the term used to describe people’s preferences to focus on the past, present, and the future. Previous research demonstrates a link between TP and retirement planning. The objective of this study was to evaluate a TP-based online training intervention to improve retirement planning emphasizing the accumulation of resources.Patients and methods: Twenty-two (M=59.41 years) working and fully retired participants were compared to a control group of 18 (M=56.67 years) participants. The intervention included three separate modules delivered online at the rate of one per week over a 3-week testing session. Outcomes focused on retirement goals and goal specificity.Results: When compared to the control group, subjects in the intervention improved the number of goals relating to the accumulation of health (F(1,35)=10.15, P<0.01, 95% CI [0.28, 2.77]) and emotional resources (F(1,35)=5.16, P<0.05, 95% CI [-0.22, 2.37]). Goals relating to the accumulation of health resources also became more specific within the experimental group when compared to the control group and a significant interaction was recorded (F(1,38)=15.78, P<0.01, 95% CI [0.33, 1.74]). Similar interactions between the control and experimental groups were reported for the accumulation of cognitive resources (F(1,38)=13.15, P<0.01, 95% CI [0.28, 1.96]) and for emotional resources (F(1,38)=7.39, P<0.01, 95% CI [0.00, 1.50]). Qualitative feedback included recommendations to improve engagement by using more activities, providing clearer navigation instructions and avoiding the use of animation. Conclusion: Applying a TP-based framework to the design of an online training intervention helped improve the accumulation and specificity of emotional and health resources for retirement. The study contains a number of theoretical and practical recommendations informing the design of future retirement planning interventions. Keywords: resource accumulation, planning behavior, retirement, time perspective, retirement resources inventory, time perspective  
format article
author Earl JK
Burbury B
author_facet Earl JK
Burbury B
author_sort Earl JK
title Trialing an online intervention to improve retirement planning goal setting and goal specificity
title_short Trialing an online intervention to improve retirement planning goal setting and goal specificity
title_full Trialing an online intervention to improve retirement planning goal setting and goal specificity
title_fullStr Trialing an online intervention to improve retirement planning goal setting and goal specificity
title_full_unstemmed Trialing an online intervention to improve retirement planning goal setting and goal specificity
title_sort trialing an online intervention to improve retirement planning goal setting and goal specificity
publisher Dove Medical Press
publishDate 2019
url https://doaj.org/article/9ef282cd70994ff9bc4873afbc3fa603
work_keys_str_mv AT earljk trialinganonlineinterventiontoimproveretirementplanninggoalsettingandgoalspecificity
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