Factors influencing retirement planning of working individuals in Kota Kinabalu

Peh, Gloria Shen Yuh (2012) Factors influencing retirement planning of working individuals in Kota Kinabalu. Masters thesis, Universiti Malaysia Sabah.


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The purpose of this study is to examine the factors which will influence the retirement planning behavior of the Malaysians by establishing the relationship between the retirement planning behavior and various factors influencing the retirement planning behavior. A total of 137 working individuals in Kota Kinabalu in the age group of 26 and above had participated in this study. This study contributes a clear view through the life-cycle theory and work role theory. From the results, there was significant relationship between retirement planning behavior and several variables which included social effects, peer effects, income, ethnic background and education level. However, insignificant result was occurred between retirement planning behavior and other variables such as job involvement, workplace financial education, financial literacy knowledge level, age, health status, gender and marital status. The findings of this study were found out to be supporting the life-cycle theory. Besides, the findings of this study have implications for working individuals to do early planning for retirement and marketers to market more suitable retirement products for different groups of consumers in order to enable them to have strong financial resources during their golden years when they retire.

Item Type: Thesis (Masters)
Keyword: retirement, planning behaviour, working, Kota Kinabalu
Subjects: H Social Sciences > HQ The family. Marriage. Woman
Department: SCHOOL > School of Business and Economics
Date Deposited: 21 May 2013 11:19
Last Modified: 14 Nov 2017 15:40
URI: https://eprints.ums.edu.my/id/eprint/6002

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