Centre for Policy on Ageing



Gender comparisons of baby boomers and financial preparation for retirement
Author(s)	J Conrad Glass, Beverly B Kilpatrick
Journal title	Educational Gerontology, vol 24, no 8, December 1998
Pages	pp 719-746
Keywords	Preparation [retirement] ; Savings ; Older men ; Older women ; United States of America.
Annotation	This study compared men and women, focusing on three middle-year age groups incorporating the baby boomers, in relation to the level of savings for retirement and the number of savings vehicles utilised. The research tapped into a study conducted by the National Center for Women and Retirement Research, and responses were received from 872 women and 415 men. Multiple linear regression identified certain personal characteristics, economics, and psychosocial factors, attitudes and investing methods that appeared to be related to the level of savings for retirement. Certain personal characteristics, economics, and psychosocial factors were identified for the investments used. The identified factors were used for both genders. The males best fit the savings and investment profiles. Neither gender was saving adequately for retirement or taking full advantage of portfolio diversification, with women the lowest. Recommendations are made for educators, financial institutions, employers, and policy makers. (AKM).
Accession Number	CPA-990211213 A
Classmark	GA: JDD: BC: BD: 7T
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...from the Ageinfo database published by Centre for Policy on Ageing.