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Gender differences in retirement planning: A longitudinal study among Spanish Registered Nurses
Author(s) -
Topa Gabriela,
Segura Adrián,
Pérez Sergio
Publication year - 2018
Publication title -
journal of nursing management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.925
H-Index - 76
eISSN - 1365-2834
pISSN - 0966-0429
DOI - 10.1111/jonm.12586
Subject(s) - clarity , longitudinal study , retirement planning , psychology , intervention (counseling) , financial literacy , public health , gerontology , nursing , medicine , business , finance , biochemistry , chemistry , pathology
Background Consistent patterns of gender differences in retirement planning behaviours have been shown but little is known about these behaviours among nurses. Aims To analyse the antecedents of the behaviours to prepare for retirement in nurses older than 55 and to identify differences as a function of gender. Methods A two‐wave longitudinal study with Spanish nurses ( n = 132). Results Statistically significant gender differences were revealed. Specifically, paths from financial knowledge to public protection and self‐insurance as well as paths from goals clarity to public protection all differed by gender. Conclusions Patterns of retirement planning differentiated by gender apparently continue to emerge. Implications for Nursing Management The study adds evidence showing that female nurses continue to rely on public protection as a solid support for their retirement. Despite their greater awareness of the importance of health care and social relations, savings and finance are more neglected by female nurses. Intervention should be aimed at fostering financial literacy of the entire nursing population, but particularly, the access of women to this training. Secondly, given that the differences persist, advance planning of social actions to protect those who will be living alone and economically helpless in old age.