Browsing by Author "Kaur, Baljit"

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    Impact of age, gender, income, education and financial literacy towards retirement planning among generation “Y” in Malaysia
    (2018-12) Hassan, Zubair; Kaur, Baljit
    The main aim of this study is to analyse the impact of age, gender, income, education and financial literacy towards retirement planning among generation Y in Malaysia. Recognizing the importance of retirement planning from a younger age, 150 set of questionnaires distributed to respondents. The questionnaire was developed based on past literature and the validity, normality and reliability of the test was made. The independent variables used to measure the retirement planning among Generation Y include age, gender, income, education and financial literacy. Descriptive and explanatory research design was used for this research. The collected data was then analysed using SPSS. 22 using the final sample of 137 respondents. Overall the findings shows income, education and financial literacy are significant variables contributing to the retirement planning among Generation Y in Malaysia. It also found that age and gender were insignificant to retirement planning among Malaysia’s Generation Y. The results of this study are to understand the impacts contributing to retirement planning and for government and policy makers to review the existing social security framework.