title: To stay or to go? Postretirement housing choices of single Baby Boomer women.
abstract: Single women of the Baby Boomer generation are often financially disadvantaged in the retirement planning process due to their lower accumulated savings compared to male retirees. This disadvantage impacts significant consumption decisions such as postretirement housing choices. This study uses the theory of planned behavior to examine how certainty in intentions influences preparing and planning for postretirement housing. A typology of single Baby Boomer women is developed based on their financial, demographic, and psychological circumstances. Each segment likely requires different informational strategies and financial services to foster proactive planning for retirement. Significant implications exist for social policy and the financial services sector.
authors.affiliation: a School of Economics, Finance and Marketing , Royal Melbourne Institute of Technology University , Melbourne , Victoria , Australia.
authors.forename: Foula Z
authors.initials: FZ
authors.lastname: Kopanidis
authors.affiliation: a School of Economics, Finance and Marketing , Royal Melbourne Institute of Technology University , Melbourne , Victoria , Australia.
authors.forename: Linda J
authors.initials: LJ
authors.lastname: Robinson
authors.affiliation: a School of Economics, Finance and Marketing , Royal Melbourne Institute of Technology University , Melbourne , Victoria , Australia.
authors.forename: Mike
authors.initials: M
authors.lastname: Reid
mesh_terms: D000223:Adaptation, Psychological; D000368:Aged; D002755:Choice Behavior; D005260:Female; D016852:Housing for the Elderly; D006801:Humans; D008875:Middle Aged; D011158:Population Growth; D012179:Retirement / Q000191:economics / Q000523:psychology*; D012847:Single Person / Q000523:psychology*; D012959:Socioeconomic Factors; D016387:Women's Health
keywords: Baby Boomers; housing; intentions; retirement; theory of planned behavior