Academic Journal

Financial planning for retirement in young adults: Interaction of professional experience, knowledge, and beliefs

التفاصيل البيبلوغرافية
العنوان: Financial planning for retirement in young adults: Interaction of professional experience, knowledge, and beliefs
المؤلفون: Viera Bačová, Katarína Dudeková, Lenka Kostovičová, Vladimír Baláž
المصدر: Studia Psychologica, Vol 59, Iss 2, Pp 84-99 (2017)
بيانات النشر: Slovak Academy of Sciences, Centre of Social and Psychological Sciences, 2017.
سنة النشر: 2017
المجموعة: LCC:Psychology
مصطلحات موضوعية: financial planning for retirement, financial professional experience, financial literacy, personal beliefs, Psychology, BF1-990
الوصف: The aim of the present study was to examine the impact of professional financial experience on the relationships between financial knowledge and beliefs on financial planning for retirement (FPR) in young adults. We designed a domain-specific personal belief inventory comprising all important components involved in FPR. Financial professionals (n = 145) demonstrated greater knowledge of the financial retirement system compared with non-professionals (n = 382). The two groups, however, differed neither in objective nor self-rated general financial literacy. In non-professionals, higher financial literacy was positively linked to trust in the 2nd pension pillar, self-assessed competence in FPR, personal engagement in FPR, perceiving FPR as less emotionally loaded and FPR task as less complex. These predicted relationships were not found among professionals. Thus, professional experience in financial domain seems to bring a deeper and particularized insight into the pros and cons of the pension system, and consequently vacillates beliefs about FPR.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 0039-3320
2585-8815
Relation: http://www.studiapsychologica.com/uploads/BACOVA_SP_2_vol.59_2017_pp.84-99.pdf; https://doaj.org/toc/0039-3320; https://doaj.org/toc/2585-8815
DOI: 10.21909/sp.2017.02.732
URL الوصول: https://doaj.org/article/a2fdc97f48aa4bf6be5744b7fe8cd0e1
رقم الانضمام: edsdoj.2fdc97f48aa4bf6be5744b7fe8cd0e1
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:00393320
25858815
DOI:10.21909/sp.2017.02.732