Abstract:
Generally, studies on retirement planning (preparation) and its influence on satisfaction of
prospective retirees do not seem prevalent. Drawing on the process theory of general planning and the role
theory, we examine this gap in the hotel industry by interviewing 656 prospective retirees in the hotel
industry in the Central Region, Ghana. We propose that pre-retirement preparation relates to preretirement satisfaction. The results support our proposition. Also, social support emerged as the strongest
predictor of pre-retirement satisfaction.