Determinants of retirement planning behaviour and differences by age

International Journal of Consumer Studies

Volumn 33, Issue 3, 2009, Pages 293-301

  Hira, Tahira K ^a   Rock, Whitney L ^a   Loibl, Caezilia ^b  

^a IOWA STATE UNIVERSITY   (United States)

^b OHIO STATE UNIVERSITY   (United States)

Author keywords

Age differences; Behavioural tendencies; Personal control; Retirement contributions; Retirement planning behaviour

Indexed keywords

EID: 79954551943     PISSN: 14706423     EISSN: 14706431     Source Type: Journal    
DOI: 10.1111/j.1470-6431.2009.00742.x     Document Type: Article

References (11)

1. Ameriks, J. & Zeldes, S.P. (2001) How Do Household Portfolio Shares Vary with Age? Working paper, Columbia University.
2. Ballente, D. & Green, C.A. (2004) Relative risk aversion among the elderly. Review of Financial Economics, 13, 269–281.
3. Bernstein, D. (2004) Household debt and IRAs: evidence from the Survey of Consumer Finances. Financial Counseling and Planning, 15, 63–72.
4. Copeland, C. (2006) Employment-based retirement plan participation: geographic differences and trends. EBRI Issue Brief No. 299 (November), Employee Benefit Research Institute, Washington, DC.
5. DeVaney, S.A. & Zhang, T.C. (2001) A cohort analysis of the amount in defined contribution and individual retirement savings. Financial Counseling and Planning, 12, 89–104.
6. Dulebohn, J.H. (2002) An investigation of the determinants of investment risk behavior in employer-sponsored retirement plans. Journal of Management, 28, 3–26.
7. Ekerdt, D.J., Hackney, J., Kosloski, K. & DeViney, S. (2001) Eddies in the stream: the prevalence of uncertain plans for retirement. Journal of Gerontology, 56, 162–170.
8. Helman, R., VanDerhei, J. & Copeland, C. (2007) The retirement system in transition: the 2007 Retirement Confidence Survey. EBRI Issue Brief No. 304 (April), Employee Benefit Research Institute, Washington, DC.
9. Holden, S. & VanDerhei, J. (2001) Contribution behavior of 401(k) plan participants. Perspective, 7, 1–20.
10. Sailer, P. & Gurka, K. (2003) Accumulation and distributions of retirement assets, 1996–2000: results from a Mached file of tax returns and information returns. American Statistical Association Meeting. Washington D.C., USA.
11. Woerheide, W. (1995) Impact of salary growth, inflation, employee age, and career length on the relative desirability of pension fund type. Financial Counseling and Planning Education, 6, 53–58.