The Academy of Financial Services (AFS) is excited to be collaborating with FPA to provide an "integrated conference experience" for AFS members this year. The AFS research conference will run for the full 2.5 days of the FPA Conference as part of a dedicated research track bringing the best of AFS and the Journal of Financial Planning (JFP) to you.
- A dedicated Research Room for presentations designed to bring the most relevant research impacting professional financial planners. This includes research sessions sponsored by the JFP and peer-reviewed research papers presented by AFS members. These sessions are CE credit approved.
- The winner of the JFP's Montgomery-Warschauer Award for best research from the prior year will present their research.
- In the Research Room AFS will coordinate other research content such as a panel discussion with the editors of the 4 major FP research journals explaining to planners and academics the type of research content to be found, how to best consume/digest research and apply it to a FP practice and more.
- A new FP Research Shark Tank. Based on the format of the popular TV series a select number of researchers will do 5 minute "pitches" on research that they believe would be significantly impactful for practitioners. Planners and researchers will then vote on the most exciting research proposal.
- AFS are co-ordinating 2 additional mini-breakout research rooms where researchers will present additional peer-reviewed, unpublished research selected from the many submissions we received. A timetable of these sessions can be found below.
- AFS will manage the research rooms for fully-hybrid attendance with face-to-face or virtual attendance. Although the content will be exceptional, we hope to see many of you in person as the networking, exhibit hall, FPA keynote speakers and other sessions outside of the research cannot be experienced any other way.
Retirement Awareness Among U.S. Adolescents: The Role of Financial Concerns and Financial Education
Short Description
As adolescents enter the formal operational stage of cognitive development, they start to develop an awareness of complex concepts like retirement planning. This study aims to fill a gap in the literature and found that adolescents who receive financial education are more likely to identify the presence of financial concerns, and these financial concerns significantly increase retirement awareness in the sample. The financial concerns examined in this study include various aspects such as the ability to pay for a car or other transportation, saving for or funding a college education, contributing to family living expenses like food and rent, affording clothing and entertainment (including fashion items, games, music, and movies), budgeting or saving for the future, making investments in assets like cryptocurrencies and stocks, and others. The results of this study offer implications for educational policy and family financial planning practices.