Gender differences in factors that influence time spent planning for retirement.
Retirement research has shown that planning activities are influenced by a variety of demographic and psychological variables. However, few investigations have focused on how demographic and psychological factors influence the time and effort men and women allocate to retirement preparation. In the present study, 184 individuals completed a survey designed to assess future time perspective (FTP), worry about retirement, age, and income level. Hierarchical regression techniques were used to examine how these variables influenced the amount of time men and women spent planning for and thinking about retirement. Results revealed that women spent less time thinking about retirement than men, and gender was differentially related to the factors predictive of this activity. From an applied perspective, these findings suggest that separate retirement intervention programs are warranted that meet the unique needs of working men and women.
Jacobs-Lawson
Joy M
JM
University of Kentucky, 306 Health Sciences Bldg., 900 South Limestone, Lexington, KY 40536-0200, USA. jjaco4@email.uky.edu
Hershey
Douglas A
DA
Neukam
Kirstan A
KA
D000328:Adult; D005260:Female; D005376:Financial Management; D005382:Financing, Personal; D006801:Humans; D008297:Male; D008571:Men / Q000523:psychology*; D008875:Middle Aged; D009825:Oklahoma; D012044:Regression Analysis; D012179:Retirement / Q000191:economics*; D012737:Sex Factors; D013997:Time Factors; D014930:Women / Q000523:psychology*