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2013 Conference

du 10 au 12 April 2013

The Benson Hotel, Portland, Oregon

This section lists poster sessions as well as concurrent sessions by day, time, and room. Concurrent sessions have multiple presentations. You may search by title, author names, or keyword. A Schedule-at-a-Glance is posted on the Website and will provide the overview. This is the detail.

The Relationships Between Information Seeking and Retirement Savings

jeudi 11 avril 2013 à 07:00–vendredi 12 avril 2013 à 14:45 PDT
Poster
Major Area of Focus

Financial Services

Secondary area of focus

Financial Services

Short Abstract

Seeking information about retirement planning will benefit consumers, helping them make many decisions concerning retirement. The purpose of this study was to examine factors that affect non-retired working-age (25 years and older) women’s retirement savings in personal savings and investments. An online survey instrument was developed to obtain data for the study. Data for this study were collected from a national population with 591 valid responses. From the findings, we know if the women discuss retirement planning with friends/relatives, they do not put much money into personal saving and investment accounts for retirement. They probably get incorrect and/or insufficient information, may not consider the profile differences between themselves and friends/relatives that mean they need to take different actions or they only discuss without taking action. Financial advisors' advice does help improve female customers’ retirement savings. When financial professionals reach married male clients, they can also encourage the client to invite his wife to join the counseling. Other researchers have found that female clients are more likely to follow the advice.

Corresponding Author

[photo]
Chungwen Hsu, PhD, Virginia Tech
Job Title

Research Associate

City & State (or Province & Country)

Additional Authors

[photo]
Irene Leech, PhD, Virginia Tech
Job Title

Associate Professor

City & State (or Province & Country)
[photo]
Sophia Anong, PhD, University of Georgia
Job Title

Assistant Professor

City & State (or Province & Country)
[photo]
Patti Fisher, PhD, Virginia Tech
Job Title

Assistant Professor

City & State (or Province & Country)
[photo]
Julia Beamish, PhD, Virginia Tech
Job Title

Professor

City & State (or Province & Country)
Chargement en cours …