Abstract
This study aims at assessing psychological wellbeing and level of satisfaction of the retired elderly after retirement. This work also aims to determine how mental health is impacted by socio-economic and religious factors related to the life of the elderly. The research is largely quantitative which analyze the relationships between the measures of life satisfaction and mental health with the independent variables “Pay-scale” and “Religiousness”. The conceptual design is materialized by examining the significance influence between the predictor variables consisted of ‘Fixed Factors’ and the outcome variables consisted of multi-items standardized inventories i.e., Life Satisfaction and Perception about aging. The result, based on multivariate analysis, reveals that both dependent variables are significantly different in relation to Pay-Scale predictor while Religiousness demonstrate positive relationship only to Life Satisfaction. Findings indicate that the predictor variable “Pay-Scale” completely and Religiousness partially have contributive qualities and positive influence over mental well-being of the retired elderly.
Keyword(s)
Life Satisfaction, Perception of aging, Pay Scale, mental health, Religiousness