RETIREMENT SAVINGS AND FINANCIAL ATTITUDES AMONGST PEOPLE OF DIFFERENT AGE GROUPS AND MARITAL STATUS DOI Open Access

Mishti Goyal

International Journal of Social Science and Economic Research, Год журнала: 2023, Номер 08(08), С. 2298 - 2321

Опубликована: Янв. 1, 2023

As per the RBI report (2016) on household finance, seventy-seven cent of Indians do not save for retirement.Therefore, financial planning retirement should be an essential part during working years.An Individual's behaviour is influenced by many variables that are marital status, age group and level education etc.Hence, present study focuses finding how to what extent these affect savings.It also observes patterns between means opted people.A Google Form survey was used collect information regarding among residents Delhi.The sample size 49.The results from show people aren't aware accurate amount they saving tend push savings all through their 20s 30s.Hence, it important stakeholders create policies spread awareness younger groups about importance starting early.

Язык: Английский

Sustaining life satisfaction and worthwhileness in older age: the role of diversity of social and leisure activity engagement DOI Creative Commons
K.E. Hancock, Lauren B. Sherar, Paul Downward

и другие.

Leisure Studies, Год журнала: 2025, Номер unknown, С. 1 - 17

Опубликована: Янв. 18, 2025

Adapting to health changes helps sustain wellbeing in later life. Life satisfaction and worthwhileness of life are both monitored by the UK government; is under-researched. Motivated Selection, Optimisation Compensation theory, we investigated whether greater diversity social leisure activity engagement mediates relationships between self-assessed worthwhileness. To inform policy practice, also mediation effects varied different sub-groups older people, including young-old vs older-old; retirees non-retirees more less physically active. Structural Equation Modelling on a large sample England-resident adults aged 50+ (n = 9,395) found partially mediated total effect Mediation was for than greatest retirees. These results suggest that encouraging people engage with diverse types should be considered when designing policies programmes increase peoples' wellbeing. findings add relatively sparse literature correlates Office National Statistics' measure personal

Язык: Английский

Процитировано

0

Influential Attributes on Medical Expense for Korean Older Adults Based on Mental Accounting: Panel Data Analysis Using Korean Longitudinal Study of Aging Data DOI Open Access
Min Gyung Kim, Joonho Moon

Healthcare, Год журнала: 2025, Номер 13(5), С. 558 - 558

Опубликована: Март 5, 2025

Backgrounds: Korean society is entering an aging society, and this phenomenon indicates the need for preparation in society. In such a situation, exploring characteristics of elderly can be considered important preparation. The objective study to identify determinants medical expenses among older adults South Korea. key factors analyzed include food, leisure, housing expenses, as well lifestyle choices drinking smoking. Method: Data from Longitudinal Study Aging, covering 7374 observations years 2018 2020, are adopted statistical analysis. This research explores inverted-U-shape effect expenditures on costs, grounded concepts diminishing marginal utility mental accounting. A quadratic panel regression analysis used test hypotheses, controlling variables birth year, gender, personal assets. Results: results show that food have inverted-U relationship with based accounting theoretical foundation. However, leisure drinking, smoking do not significantly affect expenses. Furthermore, identifies optimal expenditure levels maximizing spending through first-order condition. Conclusions: These findings provide insights development policies aimed at improving financial well-being Moreover, contributes literature by applying law better understand behavior adults.

Язык: Английский

Процитировано

0

The well-being benefits of virtual art galleries: Examining the roles of emotion, immersion, and individual differences DOI Creative Commons
Katherine N. Cotter, Ainur Alpys,

Jordan Rosenberg

и другие.

International Journal of Wellbeing, Год журнала: 2024, Номер 14(2), С. 1 - 22

Опубликована: Май 31, 2024

A wealth of research suggests that engaging with visual art and visiting museums is beneficial to flourishing; however, less known about the potential benefits digital forms engagement. An emerging literature provides preliminary evidence engagement, but additional on mechanisms moderators necessary. The present study examines impacts repeated visitation a virtual gallery address three questions: 1) Do well-being, emotion, immersion differ between those in versus reading art?; 2) personality interest influence visit qualities (i.e., emotion immersion)?; 3) individual differences predict well-being? sample 890 U.S. adults was recruited from Prolific. findings suggest that: People show greater immersion, aesthetic than art; Openness experience most strongly linked qualities; Immersion, positive extraversion, neuroticism are associated well-being. This work engagement format has future should continue examine underlying ways experiences can be best designed effective well-being interventions.

Язык: Английский

Процитировано

2

A Study on the Leisure Sports Participation Behavior of the Elderly through Comparative Analyses by Age: Focusing on Leisure Participation Constraints and Price Sensitivity DOI Creative Commons
Soon-Young Kim

Behavioral Sciences, Год журнала: 2024, Номер 14(9), С. 803 - 803

Опубликована: Сен. 11, 2024

Worldwide, interest in healthy living has been increasing as people's lifespans have lengthened, owing to health and the development of medical industry. The need for research on lifestyles aided by sports activities older adults is greater than before. This study aimed compare analyze constraints participation leisure price sensitivity based age groups a super-aging society. From 22 May 10 July 2024, three community centers, Korean over 20 who regularly participated voluntarily responded questionnaire. Based quantitative design using survey with convenience sampling technique, 305 collected responses were analyzed validity, reliability, exploratory factor analysis through SPSS 28. Additionally, one-way multivariate variance meter technique allowed us differences among groups. No statistically significant group found social factors constraints. However, cost time factors. Finally, participating scientific analysis, aiming expand adults' sports, provides objective data future.

Язык: Английский

Процитировано

2

Not Just One Long Vacation: Revisiting the Importance of Lifestyle Planning in the Transition to Retirement DOI
Susan Hutchinson, Christine Ausman

Canadian Journal on Aging / La Revue canadienne du vieillissement, Год журнала: 2024, Номер unknown, С. 1 - 13

Опубликована: Фев. 1, 2024

Abstract Background There is a need to further understand the nature and role of planning for one’s lifestyle in retirement. Objective The purpose this study was examine retirement how it impacts perceived preparedness satisfaction with transition, as well explore personal experiences Methods Canadians ( n = 748) fully or partly retired participated an online survey that included quantitative questions about open-ended goals, fears, challenges, advice. Findings Results determined while both financial were significant predictors higher preparedness, only predictor satisfaction. Overall, no gender differences detected. Open-ended comments highlighted importance retirement, including meaningful activities social connections. Discussion Individualized career advising group-based educational programs peer-assisted learning initiatives appear warranted support people their

Язык: Английский

Процитировано

1

Understanding older adults’ participation in outdoor adventure activities: a scoping review DOI
Emily S. Smith, Nicole K. Dalmer

Journal of Adventure Education & Outdoor Learning, Год журнала: 2023, Номер unknown, С. 1 - 22

Опубликована: Дек. 20, 2023

Outdoor adventure activities are increasingly popular among older adults. We conducted a scoping review to examine trends in the scholarly literature on this topic. Several interdisciplinary databases were searched, and studies independently screened for eligibility during two rounds of (title abstract, full text). Our included 34 peer-reviewed articles with text available English that substantially described outdoor programming adults, and/or adults' experiences of, or attitudes towards activities. Results suggest participation can contribute significantly wellbeing However, due strict alignment ideals successful aging present many articles, potential an 'authentic aging' lens explore diverse is discussed. Further research should focus recruiting more participants attempt uncover barriers facilitators (physical, economic, geographic, etc.) participation.

Язык: Английский

Процитировано

2

Leisure education for elders: Theories, research, and recommendations DOI Creative Commons
John Dattilo, Liang‐Chih Chang

Loisir et Société / Society and Leisure, Год журнала: 2024, Номер unknown, С. 1 - 19

Опубликована: Дек. 3, 2024

Given research connecting leisure experiences with well-being and challenges associated aging, there are social-psychological principles that have been particularly insightful in explaining connections between their lives implications for education. Studies identify the value of Self-Determination Theory, Optimal Experience, Selection, Optimization, Compensation (SOC), understanding elders. There is merit examining literature through lens these relevant to increase role education might play facilitating Therefore, purpose this article glean from applications three ways facilitate elders' experiences. Collectively, concepts help leisure-related needs, desirable outcomes, possible meet those needs outcomes Based on examination, includes recommendations providing

Язык: Английский

Процитировано

0

RETIREMENT SAVINGS AND FINANCIAL ATTITUDES AMONGST PEOPLE OF DIFFERENT AGE GROUPS AND MARITAL STATUS DOI Open Access

Mishti Goyal

International Journal of Social Science and Economic Research, Год журнала: 2023, Номер 08(08), С. 2298 - 2321

Опубликована: Янв. 1, 2023

As per the RBI report (2016) on household finance, seventy-seven cent of Indians do not save for retirement.Therefore, financial planning retirement should be an essential part during working years.An Individual's behaviour is influenced by many variables that are marital status, age group and level education etc.Hence, present study focuses finding how to what extent these affect savings.It also observes patterns between means opted people.A Google Form survey was used collect information regarding among residents Delhi.The sample size 49.The results from show people aren't aware accurate amount they saving tend push savings all through their 20s 30s.Hence, it important stakeholders create policies spread awareness younger groups about importance starting early.

Язык: Английский

Процитировано

0