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Validity Evidence of the Retirement Resources Inventory

Published online by Cambridge University Press:  07 May 2019

Silvia Miranda Amorim  and
Lucia Helena de Freitas Pinho França Open the ORCID record for Lucia Helena de Freitas Pinho França [Opens in a new window]
Silvia Miranda Amorim
Affiliation:
Universidade Salgado de Oliveira (Brazil)
Lucia Helena de Freitas Pinho França*
Affiliation:
Universidade Salgado de Oliveira (Brazil)
*
*Correspondence concerning this article should be addressed to Lucia Helena de Freitas Pinho França. Universidade Salgado de Oliveira, UNIVERSO. Programa de Pós-graduação em Psicologia. Rua Marechal Deodoro 211, 2° andar, Bairro Centro. Niterói, Rio de Janeiro (Brazil). CEP: 24020–420. E-mail: lucia.franca@gmail.com
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Abstract

The current populational aging context requires that society reflect on the variables related with well-being and discuss ways of how to ensure them. The Conservation of Resources Theory (Hobfoll, 1989, 2002) posits that individuals who possess more material or social resources are more capable of resolving conflicts and dealing with stressful situations, thus maintaining good levels of well-being. However, there is a lack of instruments aimed at measuring the necessary resources for retirement well-being. The objective of this study was to translate and analyse the psychometric qualities of the Retirement Resources Inventory (RRI) (Leung & Earl, 2012) as applied to 1002 Brazilian retirees. Exploratory and confirmatory factor analysis were undertaken using two independent subsamples consisting of 401 and 601 retirees respectively. Two viable models arose from the exploratory analysis: A five-factor model, χ2(gl) = 816.644 (271); CFI = 0.88; GFI = 0.98; RMSEA = 0.07; R2 = 0.55; and a six-factor model, χ2(gl) = 1028.291 (400); CFI = 0.88; GFI = 0.98; RMSEA = 0.03; R2= 0.53, with good fit indices, but similar to each other. Confirmatory analysis pointed towards an instrument consisting of 29 items and five factors with good fit indices, χ2(gl) = 1,274(364); CFI = 0.87; TLI: 0.86; RMSEA: 0.06, corroborating the model proposed by Wang and Shultz (2010). The analyses also highlighted the need for actions that take into account the gender, age and region of the country where the retiree lives. Future cross-cultural studies are recommended seeing that retirement planning is an emerging issue that affects the world as a whole.

Keywords

planningretirementscaleswell-being
Type
Research Article
Information
The Spanish Journal of Psychology , Volume 22 , 2019 , E23
Copyright
Copyright © Universidad Complutense de Madrid and Colegio Oficial de Psicólogos de Madrid 2019 

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Footnotes

The first author acknowledges The Coordination of Improvement of Personal Higher Education in Brazil (Coordenação de Aperfeiçoamento de Pessoal de Nível Superior - CAPES - http://www.capes.gov.br) for the financial support received during her doctoral studies (2016 to 2019).

How to cite this article:

Amorim, S. M., & França, L. H. d. F. P. (2019). Evidence of validity of the Retirement Resources Inventory. The Spanish Journal of Psychology, 22. e23. Doi: 10.1017/sjp.2019.23

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