INTENTION TO INVEST IN FINANCIAL PRODUCT OF OLDER PRERETIREES WITH FINANCIAL SELF EFFICACY AS AN INTERVENING VARIABLE

ULTIMA MANAJEMEN

View Publication Info
 
 
Field Value
 
Title INTENTION TO INVEST IN FINANCIAL PRODUCT OF OLDER PRERETIREES WITH FINANCIAL SELF EFFICACY AS AN INTERVENING VARIABLE
INTENTION TO INVEST IN FINANCIAL PRODUCT OF OLDER PRERETIREES WITH FINANCIAL SELF EFFICACY AS AN INTERVENING VARIABLE
 
Creator Handoko, Liza
nugroho, vina christina
Sembel, Jacquelinda Sandra
 
Description Abstract- This research wants to investigate the effect of financial knowledge, basic individual traits and compound traits towards intention to invest of pre-retirees with the intervening variable of financial self-efficacy. Older pre-retirees have unique psychological and economic position, as they experience their highest level of lifetime earnings while nearing the end of their financial life cycle. Older pre-retirees must find ways to self-regulate their financial environment. One way to deal with this is through the investment scheme. We use modified model to know the factors that affect intention to invest based on their knowledge and personality, with financial self-efficacy as the intervening variable. We involved 160 respondents of 45 years old and older. The result showed that all the hypothesis is rejected except financial knowledge which is positively associated with intention to invest. This result presents that pre-retirees in Indonesia who have good financial knowledge will have intention to invest in financial products.
Keywords: Pre-retirees, intention to invest, financial self-efficacy
Abstract- This research wants to investigate the effect of financial knowledge, basic individual traits and compound traits towards intention to invest of pre-retirees with the intervening variable of financial self-efficacy. Older pre-retirees have unique psychological and economic position, as they experience their highest level of lifetime earnings while nearing the end of their financial life cycle. Older pre-retirees must find ways to self-regulate their financial environment. One way to deal with this is through the investment scheme. We use modified model to know the factors that affect intention to invest based on their knowledge and personality, with financial self-efficacy as the intervening variable. We involved 160 respondents of 45 years old and older. The result showed that all the hypothesis is rejected except financial knowledge which is positively associated with intention to invest. This result presents that pre-retirees in Indonesia who have good financial knowledge will have intention to invest in financial products.
Keywords: Pre-retirees, intention to invest, financial self-efficacy
 
Publisher Universitas Multimedia Nusantara
 
Date 2020-06-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://ejournals.umn.ac.id/index.php/manajemen/article/view/1539
10.31937/manajemen.v12i1.1539
 
Source ULTIMA Management; Vol 12 No 1 (2020): Ultima Management : Jurnal Ilmu Manajemen; 34-45
Ultima Management : Jurnal Ilmu Manajemen; Vol 12 No 1 (2020): Ultima Management : Jurnal Ilmu Manajemen; 34-45
2549-404X
2085-4587
10.31937/manajemen.v12i1
 
Language eng
 
Relation http://ejournals.umn.ac.id/index.php/manajemen/article/view/1539/932
 
Rights Copyright (c) 2020 Liza Handoko, vina christina nugroho, Jacquelinda Sandra Sembel
http://creativecommons.org/licenses/by-sa/4.0
 

Contact Us

The PKP Index is an initiative of the Public Knowledge Project.

For PKP Publishing Services please use the PKP|PS contact form.

For support with PKP software we encourage users to consult our wiki for documentation and search our support forums.

For any other correspondence feel free to contact us using the PKP contact form.

Find Us

Twitter

Copyright © 2015-2018 Simon Fraser University Library