How Pre-retirement education in the work place helps workers to plan for retirement

Saving inadequacy is an important issue among American retiring workers. This is the result of the fact that most Americans are facing retirement planning difficulties. Retirement-related knowledge plays an important role in retirement planning, since enough information is an essential assumption in life-time utility optimizing behavior. My thesis is focused to answer two questions: first, what factors influence retiring workers’ retirement-related knowledge; second, how does the knowledge affect workers’ planning. Data is from Participants Attending Retirement Seminars (PARS) program, which is developed by NC State University. There are in total four regression models provided in this thesis. A special variable is defined to indicate lack of planning. Education level and financial wealth level appears to be significant in learning knowledge. Female tend to answer less in retirement planning questions than male do.

Author dc:creator

• Sun, Ruirui

Advisors dc:contributor.advisor

• Robert Clark, Committee Chair
• Melinda Morrill, Committee Member
• Charles Knoeber, Committee Member

• retirement planning; education

Statement dc:rights

• I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dis sertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to NC State University or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report.

Dc Identifier Other

etd-03262010-212832

OAI record oai:identifier

https://repository.lib.ncsu.edu/server/oai/request?verb=GetRecord&metadataPrefix=dim&identifier=oai%3Arepository.lib.ncsu.edu%3A1840.16%2F6292