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2015 Conference

du 15 au 16 October 2015

Orlando, FL

Welcome to the AFS Conference 2015 Schedule App. Please use the search features to see when your session or poster has been scheduled to take place. 

Household Ratio Guidelines for the Amount of Investments

jeudi 15 octobre 2015 à 10:35–12:05 EDT
1-Council
Keywords: 5 words maximum

capital accumulation ratio, financial ratios, investing, Survey of Consumer Sciences

Very short description for use in the program to help attendees understand more than a title can describe

Some textbooks suggest the use of financial ratios to provide indicators of whether households are making appropriate decisions.  Ratios related to the level of investment assets are not standardized.  We investigated three investment ratios mentioned in textbooks: the capital accumulation ratio, the ratio of investments to annual income, and the ratio of investments to total assets.  We conducted a regression on respondent evaluation of the adequacy of retirement income.  The ratio of investments to total assets had the strongest relationship to subjective retirement adequacy, controlling for age, homeownership status, and whether the household had a defined benefit pension plan.

 

Lead & Corresponding Author

Sherman Hanna, Ph.D., Ohio State University
Job Title

Professor

Additional Authors

Kyoung Tae Kim, PhD, The University of Alabama
Job Title

Assistant Professor

Chargement en cours …