This is the final stage in Erik Erikson's theory of psychosocial development, typically occurring during late adulthood. Individuals reflect on their lives and either feel satisfaction from a life well-lived (integrity) or regret over missed opportunities and failures (despair).
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This concept is rooted in Erikson's psychosocial development theory, specifically the eighth and final stage, which emphasizes reflection on one's life.
Longitudinal studies support a critical period in late adulthood for reflecting on life achievements, with successful resolution leading to wisdom and satisfaction, while failure results in regret and despair.