The Prevalence of Retirement Planning Among Women in Malaysia - A Conceptual Article

• 영문명: The Prevalence of Retirement Planning Among Women in Malaysia - A Conceptual Article
• 발행기관: 한국웰빙융합학회
• 저자명: Melisa DAUKIN Mohd Yaziz MOHD ISA Zulkifflee MOHAMED
• 간행물 정보: 『웰빙융합연구』Vol.5 No.4, 1~9쪽, 전체 9쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.12.31

영문 초록

Purpose: Many people recognize the fact that women are basically poor at financial and retirement planning. A small number of scholars have explored the factors and situations that influence the level of awareness of pre-retirement women and men with regards to planning for their retirement years. In most developing countries, including Malaysia, there are more men in the younger segment of the population and more women in the older segment, since women tend to live longer than men due to having jobs of relatively lower risk, their behaviors, and activities. Research design, data and methodology: Given that it is hard to predict whether they will be healthy in old age, women may require additional resources to obtain the care and assistance that they need. The transition from career life into retirement is a long process for people to go through. Some may be able to prepare for the next stage of life, and some may not be able to prepare due to personal reasons. Planning for future retirement is important because it will affect the quality of a woman’s life after a certain age. Results: Without proper planning, women may face financial instability, depression, and poor psychological well-being. However, many women are unaware of their financial status or do not know their family’s financial status, such as tracking the main income, budget, and expenses, financial commitments and have no proper record of assets owned, loans owed, or updated loan balances. Conclusions: The findings of this research have led to the conclusion that pre-retiree women are likely to regard their retirement savings as sufficient without realizing that they should have at least several types of savings instead of just one, and the grave consequences of not having any savings at all for their retirement years.

목차

1. Introduction

2. Research Issue

3. Statement of Problem

4. Literature Review

5. Research Methodology

6. Significant of the Study

7. Conclusion

References

키워드

Gender Education Income Pre-retirement Retirement Planning Women