The purpose of this study is to describe the actions taken by college students to face their future retirement. For this, the test designed by the National Commission for the Protection and Defense of Financial Services Users (CONDUSEF) in Mexico was used, which has items related to financial knowledge, specifically topics about savings, emergency…

Recent research demonstrates that personal mortality salience from annuity contemplation generates an avoidance response, reducing interest in purchasing annuities. However, theoretical models of mortality salience also predict an increased desire for investment in the future circumstances of surviving others ("symbolic immortality"),…

Despite the importance of retirement savings, many individuals retire with lack of adequate retirement savings. While calculating retirement savings needs was found to enhance retirement savings, little is known about what underlies this enhancement. Applying the theory of planned behavior (TPB), we developed a model in which psychological factors…

Using the "theory of continuity," and based on quantitative and qualitative data collected from an online survey and one-on-one interviews from a nonrandom sample of retired faculty, this exploratory study examines guiding considerations for transition to retirement at a mid-sized University in the Midwest. Abolition of mandatory…

Rising costs of public employee pension plans are a source of fiscal stress in many cities and states and have led to calls for reform. To assess the economic consequences of plan changes it is important to have reliable statistical models of employee retirement behavior. The authors estimate a structural model of teacher retirement using…

How are California districts handling deepening teacher shortages 18 months into the COVID-19 pandemic? Following up on a March 2021 study, "California Teachers and COVID-19: How the Pandemic Is Impacting the Teacher Workforce" (ED614374), this report describes the severe shortages many districts are experiencing and the strategies some…

This study is a pioneer study examining the significance of retirement in terms of lost investments and outcomes. Research findings on the output of academic faculty and on measures of excellence in higher education indicate that upon retirement the academic institution as an organization loses not only faculty who are still capable of…

Background/Context: High teacher turnover has directed a great deal of scholarly attention toward the connection between teacher retention and teacher working conditions. Prior work has identified a set of key working conditions associated with teacher retention, including supportive school leadership, school safety, a collaborative professional…

During the late 1990s public pension funds across the United States accrued large actuarial surpluses. The seemingly flush conditions of the pension funds led legislators in most states to substantially improve retirement benefits for public workers, including teachers. In this study we examine the benefit enhancements to the teacher pension…

Retirement is considered an event that requires individual readjustment, so it can affect the psychological wellbeing of the elderly, especially for women. Better self-esteem can encourage individuals to respect themselves more, however, leading in turn to improvements in the dimension of psychological wellbeing. The aim of this study is to…

Purpose: The purpose of this paper is to examine the influence of financial factors on motivating college students to consider teaching in hard-to-staff rural schools. The role of perceived respectability of the profession was also explored. Design/methodology/approach: This work relies on an explanatory sequential mixed-method design, that…

Financial risk tolerance is an important personal characteristic that is widely used by financial professionals to guide the development and presentation of client-centered recommendations. As more baby boomers enter retirement, research on how these individuals perceive their willingness to take financial risks has gained importance, particularly…

The article considers the problem of activation of people of retirement age during the period of self-isolation and studies education as a means of their activation. As a research method, the questionnaire method was used, which allows us most effectively to find out the features in the attitude of retirement age people who are in self-isolation…

Retirement is now considered a process rather than a single event. Pathways to retirement are evolving and the retirement experiences of academics are becoming increasingly relevant given the aging academic workforce in Higher Education Institutions (HEIs) worldwide. Academic retirement studies highlight that most academics continue to work in…

Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC…