Catalyzing Self-efficacy: The Impact of Perceived Wellness

Retirement signifies a pivotal life transition, prompting shifts in self-perception and social dynamics. This study explores the nexus between satisfaction and perceived wellness among a diverse cohort of retirees in Malaysia, drawing on data from the Malaysia Ageing and Retirement Survey (MARS) wave 2. Analyzing demographic factors such as gender, ethnicity, education, marital status, and income alongside psychosocial variables like subjective well-being, negative outlook, social connectedness, memory, and health status, using descriptive statistics, chi-square tests, t-tests, and logistic regression models elucidate the complex interplay. Results underscore the salience of education, income, memory, and health in shaping self-efficacy, with higher levels of each positively associated with self-efficacy. Moreover, subjective well-being, negative outlook, and social connectedness exhibit robust correlations with self-efficacy, underlining the intricate connections between psychological well-being, social perceptions, and self-efficacy. These findings inform tailored interventions aimed at bolstering self-efficacy and overall well-being, offering insights to enhance satisfaction and fulfilment.