Corpus ID: 18173996

Influence of future time perspective, financial knowledge, and financial risk tolerance on retirement saving behaviors

@article{JacobsLawson2005InfluenceOF,
  title={Influence of future time perspective, financial knowledge, and financial risk tolerance on retirement saving behaviors},
  author={Joy M. Jacobs-Lawson and D. Hershey},
  journal={Financial Services Review},
  year={2005},
  volume={14},
  pages={331}
}
  • Joy M. Jacobs-Lawson, D. Hershey
  • Published 2005
  • Economics
  • Financial Services Review
  • Abstract The purpose of this study is to explore the extent to which individuals' knowledge of retirement planning, future time perspective, and financial risk tolerance influence retirement saving practices. A total of 270 young working adults participated in the study. Regression analyses reveal that each of the three variables is predictive of saving practices, and they interact with one another as well. From an applied perspective, the findings suggest that counseling and intervention… CONTINUE READING
    174 Citations

    Figures and Tables from this paper.

    Age Differences in Expected Satisfaction with Life in Retirement
    • 22
    • PDF
    More Than Money: Understanding Marital Influences on Retirement Savings Rates
    Perceptions of Retirement Savings Relative to Peers
    • 10
    • PDF

    References

    SHOWING 1-10 OF 64 REFERENCES
    Goal Clarity and Financial Planning Activities as Determinants of Retirement Savings Contributions
    • 111
    • PDF
    Can Americans Afford to Retire? New Evidence on Retirement Saving Adequacy
    • 172
    • PDF
    Psychological determinants of financial preparedness for retirement.
    • 218
    • PDF
    Retirement intentions and spousal support: a multi-actor approach.
    • K. Henkens
    • Medicine, Psychology
    • The journals of gerontology. Series B, Psychological sciences and social sciences
    • 1999
    • 182
    Gender, employment, and retirement quality: a life course approach to the differential experiences of men and women.
    • H. Quick, P. Moen
    • Medicine, Psychology
    • Journal of occupational health psychology
    • 1998
    • 261
    GENDER COMPARISONS OF BABY BOOMERS AND FINANCIAL PREPARATION FOR RETIREMENT
    • 70
    • Highly Influential
    Gender Differences in the Allocation of Assets in Retirement Savings Plans
    • 792
    • PDF
    Eddies in the stream: the prevalence of uncertain plans for retirement.
    • 51
    PLANNING AND EXPECTATIONS OF THE RETIREMENT EXPERIENCE
    • 91