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Centre for Policy on Ageing | |
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| Psychological determinants of financial preparedness for retirement | | Author(s) | Douglas A Hershey, John C Mowen |
| Journal title | The Gerontologist, vol 40, no 6, December 2000 |
| Pages | pp 687-697 |
| Keywords | Financial services [older people] ; Old persons pensions ; Preparation [retirement] ; Mental health [elderly] ; United States of America. |
| Annotation | Economists predict that the American generation of baby-boomers will reach retirement lacking adequate financial resources. The present investigation was designed to examine the factors influencing individuals' financial preparedness for retirement. 230 participants completed questionnaires regarding their own personal retirement planning practices. The structural model used revealed that both personality constructs and financial knowledge were significant predictors of pre-retirement planning. Education and marketing need to be developed according to people's prediliction to save. (RH). |
| Accession Number | CPA-010130215 A |
| Classmark | J: JJD: GA: D: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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