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  • Recent political and financial reforms have increased pressures on individuals in terms of responsibility for financial security in retirement. However, certain preconditions must be fulfilled if an individual is to make such decisions – we group these under the concept of financial literacy. Our empirical data explores three dimensions of financial literacy: abilities (mathematical skills and financial habits), values and information. We assume that active and healthy ageing requires certain advance planning in the form of active interventions in various areas of life. We can assume that financial security significantly conditions the success, quality and intensity of such planning. Hence we explored whether individuals a decade or less prior to retirement demonstrate attitudes that link financial literacy and other forms of planning for old age. We take into account the fact that the heterogeneous senior population does not view retirement as a universal and unified experience and the urge to plan can vary depending on the expected/planned retirement lifestyle.
  • Recent political and financial reforms have increased pressures on individuals in terms of responsibility for financial security in retirement. However, certain preconditions must be fulfilled if an individual is to make such decisions – we group these under the concept of financial literacy. Our empirical data explores three dimensions of financial literacy: abilities (mathematical skills and financial habits), values and information. We assume that active and healthy ageing requires certain advance planning in the form of active interventions in various areas of life. We can assume that financial security significantly conditions the success, quality and intensity of such planning. Hence we explored whether individuals a decade or less prior to retirement demonstrate attitudes that link financial literacy and other forms of planning for old age. We take into account the fact that the heterogeneous senior population does not view retirement as a universal and unified experience and the urge to plan can vary depending on the expected/planned retirement lifestyle. (en)
Title
  • Financial Literacy in Retirement Planning Context - the case of Czech older workers
  • Financial Literacy in Retirement Planning Context - the case of Czech older workers (en)
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  • Financial Literacy in Retirement Planning Context - the case of Czech older workers
  • Financial Literacy in Retirement Planning Context - the case of Czech older workers (en)
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  • RIV/45773009:_____/12:#0000624!RIV13-MSM-45773009
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  • P(2D06004)
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  • 136528
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  • RIV/45773009:_____/12:#0000624
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  • finacial literacy; older workers; retirement planníng; life strategy (en)
http://linked.open.../riv/klicoveSlovo
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  • [C95D198ACB73]
http://linked.open...i/riv/mistoVydani
  • New York
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  • Aging in European Societies
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  • Vidovićová, Lucie
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  • Springer-Verlag
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  • 978-1-4419-8344-2
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