DETERMINANTS OF THE DECISION TO RETIRE - ANALYSIS OF SUBJECTIVE DECISION FACTORS

<ns3:p>The main objective of the study is to assess the importance of the factors identified by future retirees as influencing their retirement decisions in determining their planned retirement age. Two hypotheses were formulated: H.1. Decisions regarding the age of retirement are influenced by decision-makers' subjective perceptions of factors such as 1) the amount of pension, 2) the assets they own, 3) their health, 4) their family situation, 5) the age of retirement of those closest to them, 6) job satisfaction and the atmosphere at work, and 7) pressure to vacate the workplace. H.2 The planned retirement age of decision-makers varies according to the weight they give to each factor. The hypotheses were verified based on the results of a survey conducted on a sample of 1114 respondents. The research showed that when deciding on the age of retirement, future retirees take into account (in order of the most important factor): health status, the amount of pension, job satisfaction and atmosphere at work, family situation, possessions, the age of retirement of those closest to them, as well as pressure to vacate the workplace (H.1). It was also shown that the planned retirement age varies significantly depending on the weight that future retirees assign to each of the aforementioned factors (H.2).</ns3:p>