The association of self-efficacy, awareness of aged life, and retirement preparation with psychological well-being among aged

Background: This study was conducted to evaluate the association of self-efficacy, awareness of aged life and retirement preparation with psychological well-being among middle-aged and elderly people. Methods This study used 285 men and women aged 40 to 65 years old, including public officials and public enterprise employees who participated in retirement education hosted by public institutions living in Seoul and Gyeonggi Province, as research data. The survey period was conducted from November 10, 2020 to February 28, 2021, and the collected data were analyzed using SPSS 22.0 as frequency analysis, t-test, ANOVA, regression and Sobel Test. Result Self-efficacy, perception of old life, retirement preparation, and psychological well-being according to social demographic characteristics differed significantly in civil servants and professionals, and the higher income and educational background. Correlation between the sense of self-efficacy, awareness of aged life, retirement preparation, and psychological well-being of middle-aged and elderly people. The perception of old life and self-efficacy have a positive impact on retirement preparation, and the perception of old life through retirement showed significant differences in psychological well-being, confirming that it is a variable that can improve psychological well-being. Conclusion Self-efficacy and perception of old life are highly related to improving psychological well-being, so continuous research should be needed to improve self-efficacy and old life awareness through retirement preparation and health promotion programs using public pensions.