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Seventy-two retired men less than three years from their retirement participated this study. The purpose of this study was to investigate the relations of retirer's self-esteem, optimism, conditions of workforce exit and socio-demographic variables with their retirement satisfaction and subjective well-being. The results of multiple regression analysis show differential effects of predicted variables. Self-esteem, perceived economic status, and age in retirement were associated with retirement satisfaction, but optimism, perceived economic status, perceived health condition, education level, and voluntary choice of retirement were associated with subjective well-being. A noticeable finding was that self-esteem predicted retirement satisfaction but optimism predicted subjective well-being. The limitation and its implication of this study were discussed.
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