RETIREMENT PLANNING BASED ON THE CONCEPT OF ELDERLY HAPPINESS IN MODERATE POST-MODERN PHILOSOPHY

Abstract

This research article aims to analyze the appropriateness of employing the concept of elderly happiness, grounded in moderate post-modern philosophy, to promote retirement planning. This research constitutes qualitative research employing a documentary research approach. It is framed within a philosophical methodology that incorporates dialectics and the discursive method to examine two opposing perspectives. The researcher upholds the foundations of moderate post-modern philosophy, while the opposing side adheres to the modern paradigm. The research findings reveal the reasoning of the opposing position, which asserts that assessing the happiness of the elderly primarily requires quantitative data. Such data are believed to facilitate the most accurate financial budgeting for retirement. However, a critique of the opposing side’s reasoning highlights that elderly happiness encompasses multiple dimensions, which cannot be adequately captured through quantification or monetary valuation. On this basis, the reasoning in support of the researcher's position is that enhancing the quality of life for the elderly in a manner that fosters happiness is an instinct embedded in the will and that elderly happiness is inherently subjective as it is shaped by each individual's quality of life. This understanding leads to the determination of retirement funding needs that are neither excessive nor generic, thereby making this approach suitable for promoting retirement planning.