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FACTORS INFLUENCING PLANNING FOR RETIREMENT
Author(s) -
Delpachitra Sarath,
Beal Diana
Publication year - 2002
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.2002.tb00320.x
Subject(s) - wish , citation , library science , management , political science , engineering , operations research , sociology , computer science , economics , anthropology
This research identified four different aspects of decisions to retire. Firstly, it describes the planned retirement age decision of the sample in terms of an ogive; secondly, it identifies the factors influencing the decisions to retire by retirees and contrasts them with factors important to non-retirees. Thirdly, it reports a model of the probability of working full time because those who find fulltime employment are in a better position not only to plan for their retirement but also to have a secure income at retirement; and finally, it analyses the planned retirement age of non-retired Australians and investigates further the determinants of planned retirement ages.