Consumers’ Attitudes towards Financially Securing Old Age
Iwona Olejnik , Sylwester Białowąs
AbstractThe research problem of this article is identifying the attitudes of consumers towards having retirement financial security and the factors shaping these attitudes. Based on the review of the literature on the attitudes of consumers towards retirement financial security, several factors were identified, which may be deemed key elements in the model of attitudes. These include: consumers’ belief in the need/sense of additional saving for old age, knowledge about retirement provisions, the perception of the bodies responsible for retirement provisions, intergenerational transfers within families and retirement aspirations. The primary data utilised in the study were obtained from representative quantitative studies. The representative quantitative survey was carried out, with a direct survey questionnaire, in 2014 (sample=1163). In the analysis, Exploratory Factor Analysis was used. The study revealed that the model of the attitudes of Poles towards retirement financial security includes all the aforementioned factors, except for the way of perceiving the bodies responsible for retirement provisions. The results of the study indicate that the constructs selected in the model of attitudes depend strongly on the self-assessment of health and on the age factor.
|Journal series||International Journal of Trade, Economics and Finance , ISSN 2010-023X, (0 pkt)|
|Publication size in sheets||0.5|
|Keywords in English||old age, model, consumer research|
|Score|| = 0.0, 13-12-2019, ArticleFromJournal|
= 5.0, 13-12-2019, ArticleFromJournal
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