Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda

Gerontology is the main concern about the social, psychology, social, cognitive and biological aspects of aging. This paper focuses on the aging population in Malaysia as there is an increase in the number of 60 years old in the country. Malaysia will be labeled “old status country” in the year 2035...

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Main Authors:	Hasnah, Haron, Nur Nadiah Salihah, Mat Razali, Fazeeda, Mohamad
Format:	Conference or Workshop Item
Language:	English
Published:	KnE Social Sciences 2019
Subjects:	HD Industries. Land use. Labor HG Finance HM Sociology JQ Political institutions Asia
Online Access:	http://umpir.ump.edu.my/id/eprint/25961/ http://umpir.ump.edu.my/id/eprint/25961/ http://umpir.ump.edu.my/id/eprint/25961/1/Factors%20influencing%20financial%20planning%20retirement%20amongst%20employees.pdf

id	ump-25961
recordtype	eprints
spelling	ump-259612019-11-19T08:03:27Z http://umpir.ump.edu.my/id/eprint/25961/ Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda Hasnah, Haron Nur Nadiah Salihah, Mat Razali Fazeeda, Mohamad HD Industries. Land use. Labor HG Finance HM Sociology JQ Political institutions Asia Gerontology is the main concern about the social, psychology, social, cognitive and biological aspects of aging. This paper focuses on the aging population in Malaysia as there is an increase in the number of 60 years old in the country. Malaysia will be labeled “old status country” in the year 2035 according to the Department of Statistics Report (2016). There is a lack of awareness to save for old age amongst Malaysians. Malaysians tend to procrastinate in this issue thinking that their retirement is still a long way off. This paper will identify the Malaysians behavior in making forecasting planning for their retirement. It comprises the predictors of retirement plans based on the attitude for savings, level of consumption, investing wisely, and financing consumption during the pre-retirement period. This study will conduct using the quantitative approach focusing on the employees in the private sector with at least ten years left of service before achieving the retirement age. The study will use regression analysis to analyses the data. It is hoped that this finding will confirm the relevance of planning constructs and enhance retirement savings behavior, following establishes a need to improve levels of financial knowledge in society. KnE Social Sciences 2019-08-18 Conference or Workshop Item PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/25961/1/Factors%20influencing%20financial%20planning%20retirement%20amongst%20employees.pdf Hasnah, Haron and Nur Nadiah Salihah, Mat Razali and Fazeeda, Mohamad (2019) Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda. In: KnE Social Sciences: FGIC 2nd Conference on Governance and Integrity 2019, 19-20 August 2019 , Yayasan Pahang, Kuantan, Pahang, Malaysia. pp. 1115-1129., 2019. ISSN 2518-668X https://doi.org/10.18502/kss.v3i22.5115
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HD Industries. Land use. Labor HG Finance HM Sociology JQ Political institutions Asia
spellingShingle	HD Industries. Land use. Labor HG Finance HM Sociology JQ Political institutions Asia Hasnah, Haron Nur Nadiah Salihah, Mat Razali Fazeeda, Mohamad Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
description	Gerontology is the main concern about the social, psychology, social, cognitive and biological aspects of aging. This paper focuses on the aging population in Malaysia as there is an increase in the number of 60 years old in the country. Malaysia will be labeled “old status country” in the year 2035 according to the Department of Statistics Report (2016). There is a lack of awareness to save for old age amongst Malaysians. Malaysians tend to procrastinate in this issue thinking that their retirement is still a long way off. This paper will identify the Malaysians behavior in making forecasting planning for their retirement. It comprises the predictors of retirement plans based on the attitude for savings, level of consumption, investing wisely, and financing consumption during the pre-retirement period. This study will conduct using the quantitative approach focusing on the employees in the private sector with at least ten years left of service before achieving the retirement age. The study will use regression analysis to analyses the data. It is hoped that this finding will confirm the relevance of planning constructs and enhance retirement savings behavior, following establishes a need to improve levels of financial knowledge in society.
format	Conference or Workshop Item
author	Hasnah, Haron Nur Nadiah Salihah, Mat Razali Fazeeda, Mohamad
author_facet	Hasnah, Haron Nur Nadiah Salihah, Mat Razali Fazeeda, Mohamad
author_sort	Hasnah, Haron
title	Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
title_short	Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
title_full	Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
title_fullStr	Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
title_full_unstemmed	Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda
title_sort	factors influencing financial planning retirement amongst employees in the private sector in east coast malaysia: literature review and research agenda
publisher	KnE Social Sciences
publishDate	2019
url	http://umpir.ump.edu.my/id/eprint/25961/ http://umpir.ump.edu.my/id/eprint/25961/ http://umpir.ump.edu.my/id/eprint/25961/1/Factors%20influencing%20financial%20planning%20retirement%20amongst%20employees.pdf
first_indexed	2023-09-18T22:40:09Z
last_indexed	2023-09-18T22:40:09Z
_version_	1777416860098101248

Factors influencing financial planning retirement amongst employees in the private sector in East Coast Malaysia: literature review and research agenda

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