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Retirement Resources Inventory—Scale Assessment, Relationship to Retirement Satisfaction, Adjustment and a Meta-Analytical Review

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Abstract

The Retirement Resources Inventory (RRI) created by C.S. Leung and L.K. Earl is a frequently used self-reported scale for measuring retirement resources. Since it was introduced, 10 scientific papers have been published using the full set of questions and 3 papers using only some of the questions. These have produced ambiguous and inconsistent results with considerable differences in almost all the parameters measured between countries. This paper aims to conduct a systematic review of the scale’s psychometric characteristics and examine the meta-analytic relationship to retirement adjustment, satisfaction and validation for the Slovak population. Instead of the proposed 6-factor structure, we found that different scholars had identified from 3 to 10 factors, and using a Slovak sample we found 4 factors. Internal reliability measured by Cronbach’s alpha showed high levels in all the studies (0.85–0.93). Meta-analytical relationships with RAI showed a strong random effect, r = 0.6 CI [0.35, 0.85], with the RSI, r = 0.509 CI [0.46, 0.56]. But the mean score for the specific subscales differed significantly from the original study in each of the countries it was tested in. Before the RRI is used to measure retirement resources, it should be validated on large samples and adjusted to national specifications to confirm/reject it as a psychometrically valid measure.

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Funding

This work was supported by the Slovak Ministry of Education Science, Research, and Sport, VEGA grants nos. 2/0048/18 and 1/0767/21.

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Authors and Affiliations

  1. Department of Information Management, Faculty of Business Management, University of Economics in Bratislava, 85235, Bratislava, Slovakia

    R. Hanák

  2. Institute of Experimental Psychology, Centre of Social and Psychological Sciences, Slovak Academy of Sciences, 84104, Bratislava, Slovakia

    R. Hanák & L. Pitel

  3. Hull York Medical School, University of Hull, Allam Medical Building, Kingston upon Hull, HU67RX, Heslington, United Kingdom

    L. Pitel

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  1. R. Hanák
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Correspondence to R. Hanák.

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The authors declare that they have no conflicts of interest.

All procedures performed in studies involving human participants were in accordance with the ethical standards of the institutional and/or national research committee and with the 1964 Helsinki Declaration and its later amendments or comparable ethical standards. Informed consent was obtained from all individual participants involved in the study.

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Hanák, R., Pitel, L. Retirement Resources Inventory—Scale Assessment, Relationship to Retirement Satisfaction, Adjustment and a Meta-Analytical Review. Adv Gerontol 12, 236–241 (2022). https://doi.org/10.1134/S2079057022030067

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  • DOI: https://doi.org/10.1134/S2079057022030067

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