A Matter of Time: Why Some People Plan for Retirement and Others Do Not

Procrastination is a prevalent and pernicious form of self-regulatory failure that is not entirely understood. Hence, the relevant conceptual, theoretical, and empirical work is reviewed, drawing upon correlational, experimental, and qualitative findings. A meta-analysis of procrastination's possible causes and effects, based on 691 correlations, reveals that neuroticism, rebelliousness, and sensation seeking show only a weak connection. Strong and consistent predictors of procrastination were task aversiveness, task delay, self-efficacy, and impulsiveness, as well as conscientiousness and its facets of self-control, distractibility, organization, and achievement motivation. These effects prove consistent with temporal motivation theory, an integrative hybrid of expectancy theory and hyperbolic discounting. Continued research into procrastination should not be delayed, especially because its prevalence appears to be growing. (c) 2007 APA, all rights reserved.

The relationship between possible selves and delinquency is explored. In this study, 238 youths between the ages of 13-16 who varied in the degree of their delinquency were asked to describe their possible selves. Although many similarities were found among their hoped-for selves, the groups of youth differed markedly in the nature of their expected and feared selves. The balance between expected possible selves and feared possible selves was the particular focus. Balance is hypothesized to occur when expected possible selves are offset by countervailing feared selves in the same domain (e.g., expecting a job, but fearing being unemployed). It was found that the officially nondelinquent youths were quite likely to display balance between their expectations and fears, unlike the most delinquent youth. In contrast, a conventional measure of self-esteem that indicates how people feel about themselves currently did not predict degree of delinquency.

The concept and the process of retirement are rapidly evolving. As a result, psychologists are in a unique position to understand and explain the dynamics behind the changing face of retirement. We begin this article with a brief overview of the history of retirement and then note the various definitions used when studying retirement. We then propose that taking a temporal view of studying retirement would be most advantageous for psychologists. Psychological conceptualizations of retirement are then discussed, and we link these conceptualizations to studying the changing nature of retirement. Finally, we conclude with some suggestions for future research in the area of retirement that would be particularly relevant for psychologists to consider.