Retirees, Financial Planning Horizon, and Retirement Satisfaction-Reference-Cited by-同舟云学术

Retirees, Financial Planning Horizon, and Retirement Satisfaction

Published:2022-12-01 Issue:1 Volume:8 Page:26-39
ISSN:2206-1355
Container-title:Financial Planning Research Journal
language:en
Short-container-title:

Author:

Pearson Blain M.¹,Lacombe Donald²

Affiliation:

1. Assistant Professor of Finance, Department of Finance and Economics, Coastal Carolina University , 119 E Chanticleer Dr, Conway, SC 29526, Phone (828) 455-2617 , Conway , United States

2. Associate Professor, School of Financial Planning, Texas Tech University , Box 41210, Lubbock, TX 79409-1210 , Lubbock , United States

Abstract

ABSTRACT This study examines the association between retiree financial planning horizon and retirement satisfaction using longitudinal data collected from the Health and Retirement Study. The results indicate that retirees with long-term financial planning horizons, compared to retirees with short-term financial planning horizons, are more likely to be satisfied with their retirement. The findings and ensuing discussion highlight the need for long-term financial planning during retirement and the need for financial planners to regularly engage in financial planning throughout their clients’ retirement.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/fprj-2022-0002

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