title: State of inertia: psychological preparation of single Australian and UK baby boomer women for retirement housing change.
abstract: The transition into retirement is an important life phase that presents significant challenges in respect to well-being, lifestyle, and consumption choices. This article examines the consumption context of housing after retirement, in particular for the low-resourced cohort of single baby boomer women. Utilizing an extended Theory of Planned Behavior model, we examine the relationship between intention and actual behavior, in this case financial advice seeking, as an important component of the psychological preparedness of single female baby boomer women. Our analysis showed both Australian and UK single baby boomer women display different behaviors in terms of seeking advice and their mental preparedness to adjust to a change in their living arrangements. The findings are discussed in terms of their implications for policy and further research.
authors.affiliation: a School of Economics, Finance and Marketing , Royal Melbourne Institute of Technology University , Victoria , Australia.
authors.forename: Foula Z
authors.initials: FZ
authors.lastname: Kopanidis
authors.forename: Linda J
authors.initials: LJ
authors.lastname: Robinson
authors.forename: Mike
authors.initials: M
authors.lastname: Reid
mesh_terms: D000223:Adaptation, Psychological; D000368:Aged; D000375:Aging / Q000523:psychology*; D001315:Australia; D002755:Choice Behavior; D003431:Cross-Cultural Comparison; D005260:Female; D016852:Housing for the Elderly; D006801:Humans; D007182:Income; D033182:Intention; D008875:Middle Aged; D009042:Motivation; D011158:Population Growth; D012179:Retirement; D012847:Single Person / Q000523:psychology*; D012959:Socioeconomic Factors; D006113:United Kingdom
keywords: housing; psychological preparation; retirement