Examined extent and patterns of financial planning among a range of professionals. Found that respondents (N=457) placed their primary emphasis on pensions (including Social Security) and continued work-related income, although four types of pre-retirement financial planning were identified. The most consistent predictor of the extent of planning…

Examined preretirement intentions of 234 African-American professionals. Found that professionals who were highly committed to their work, had few financial investments, and socialized primarily with co-workers tended to avoid planning for retirement. Results have implications for practitioners concerned with meeting preretirement and retirement…

Compared extent and patterns of financial planning among 234 Black professionals with those of White professionals. Data revealed similar expectations of continued income, supplementing finances by working in another occupation, pension income, and dependency on spouses for income. Although Blacks invested less in stocks and bonds and bank…