FINANCIAL LITERACY AND RETIREMENT PLANNING AMONG MALAYSIAN YOUTH

ABD RASHID, NUR MASSITA (2018) FINANCIAL LITERACY AND RETIREMENT PLANNING AMONG MALAYSIAN YOUTH. Other thesis, UNIVERSITY TUN HUSSIEN ONN MALAYSIA.

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Abstract

ABSTRACT Financial literacy is the basis of successful retirement planning. Additionally, financial literacy has been shown to relate to important financial behaviours. However, there is evidence that many individuals are not well-equipped to make sound saving decisions especially youth. This study was developed with an aim to investigate the level of financial literacy among Malaysian youth and its relationship with their retirement planning practices. The study will be conducted among youth in Malaysia via quantitative research approach with the aid of survey questionnaires. Respondents of this study includes Malaysian within the age of 25 until 40 years old that were randomly selected. The questionnaire contains several questions related to demographic, the level of financial literacy and the relationship between financial literacy and retirement planning. Data collected will be analysed using Statistical Package for Social Sciences (SPSS). The findings of this study will provide new knowledge and understanding of financial literacy and retirement planning practices among Malaysian youth. The level of financial literacy shows the highest mean are 4.16 which from financial behaviour and the mean for the level of retirement planning are 3.79. Financial literacy has positive relationship with retirement planning among Malaysian youth which is 0.352. So, the financial literacy has given effect to retirement planning among Malaysian youth. Keywords: Financial Literacy, Retirement Planning, Youth

Item Type: Thesis (Other)
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Technology Management and Business > Department of Management and Technology
Depositing User: PSM Coordinator BPA
Date Deposited: 14 Feb 2018 17:03
Last Modified: 14 Feb 2018 17:03
URI: http://ethesis.uthm.edu.my/id/eprint/532

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