Conceptual Framework

This diagram shows the process on how we did this research.

INPUT PROCESS OUTPUT

The Researchers
Demographic Conducted:
Profile of the Retirement
Respondents: Questionnaire
Planning Practices
Age Survey among Private
School Teachers in
Gender Frequency
Santiago City
Level of Income Mean Standard
Deviation

FEEDBACK
MECHANISM
Theoretical Framework
The researchers found this study with the Theory of Preretirement Planning

(Griffith 1983) which stated that advanced preparation for the retirement years can ease

the transition from work to leisure and can increase satisfaction with this stage of life.

Numerous preretirement planning programs have been developed to facilitate

retirement preparation because their sponsors recognize the usefulness of these

programs. The proposed process in figuring what preretirement programs that’s suitable

is the following:

 Some general information is presented focusing upon

- demographic data about older adults

- the financial implications of their retirement

- research studies about adjustment to retirement

 An examination of preretirement planning programs from both historical

perspective and their current status.

 Along with this there is also an analysis of data concerning the availability of

preretirement programs for those who are approaching the time of retirement.

Recognition of the value of advanced planning has been accompanied by a

growth in the availability of retirement planning programs. Retirement programs are

being offered by employers, community colleges, university gerontology departments,

and social groups. These programs usually focus on helping preretirees get ready for

retirement. This section covers the history and purposes of preretirement planning

programs, gives typical methods and materials used in presenting programs, and
reviews selected research on their effectiveness. Examples taken from materials of four

preretirement planning programs help illustrate other stated purposes.

1. Duke University Training Center proposes to give preretirees an idea of what

retirement is and how to cope with the adjustments that must be made.

2. The Retirement Services, Incorporated series' purpose is to help individuals

examine the soundness of the information they have, and to suggest fresh ways

of looking at themselves and their lives.

3. The objective of the National Retired Teachers Association program is to

encourage participants to search for their own answers and to help them to begin

and continue their own planning.

4. Materials prepared by the National Council on Aging for Kiwanis International

stated an objective simply as helping men and women in their preretirement

years to plan for retirement.

While the program purposes are expressed in a variety of ways, the programs all impart

information useful to the employee approaching retirement.