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ERIC Number: EJ787368
Record Type: Journal
Publication Date: 2008-Mar
Pages: 22
Abstractor: Author
Reference Count: 33
ISSN: ISSN-0360-1277
Age Differences in Demographic Predictors of Retirement Investment Decisions
Davis, Guyla D.; Chen, Yiwei
Educational Gerontology, v34 n3 p225-246 Mar 2008
Increased longevity coupled with inadequate savings makes retirement savings and investment research increasingly important. A policy-capturing method was used to examine the relative importance of 6 demographic predictors on the retirement investment decisions of 64 working adults. All predictors were significant predictors of the investment. In addition, although age differences on amount of investment were not significant, interactions between participant age and vignette information were found. Results indicate that older and younger adults make similar decisions using different pieces of information. These findings have implications for individuals planning for retirement and financial professionals who help others make decisions. (Contains 2 tables and 3 figures.)
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A