Gender, financial literacy, and preretirement planning in the UK

References

• Adams, G. A., & Rau, B. L. (2011). Putting off tomorrow to do what you want today: Planning for retirement. American Psychologist, 66, 180–192. doi:10.1037/a0022131
   PubMed Web of Science ®Google Scholar
• Agnew, J. R., Bateman, H., & Thorp, S. (2013). Financial literacy and retirement planning in Australia. Numeracy, 6(2), 1–25. doi:10.5038/1936-4660
   Google Scholar
• Agnew, S., & Harrison, N. (2015). Financial literacy and student attitudes to debt: A cross national study examining the influence of gender on personal finance concepts. Journal of Retailing and Consumer Services, 25, 122–129. doi:10.1016/j.jretconser.2015.04.006
   Web of Science ®Google Scholar
• Almenberg, J., & Säve-Söderbergh, J. (2011). Financial literacy and retirement planning in Sweden. Journal of Pension Economics and Finance, 10(4), 585–598. doi:10.1017/S1474747211000497
   Web of Science ®Google Scholar
• Ameriks, J., Caplin, A., & Leahy, J. (2002). Wealth accumulation and the propensity to plan, (WP 8920). Cambridge, MA: National Bureau of Economic Research.
   Google Scholar
• Aegon Center for Longevity and Retirement. (2016). A retirement wake-up call: The Aegon retirement readiness survey 2016. Retrieved from https://www.aegon.com/en/Home/Research/Aegon-Retirement-Readiness-Survey-2016/.
   Google Scholar
• Boisclair, D., Lusardi, A., & Michaud, P. –. C. (2017). Financial literacy and retirement planning in Canada. Journal of Pension Economics & Finance, 16(3), 277–296. doi:10.1017/S1474747215000311
   Web of Science ®Google Scholar
• Bucher-Koenen, T., & Lusardi, A. (2011). Financial literacy and retirement planning in Germany. Journal of Pension Economics and Finance, 10(4), 565–584. doi:10.1017/S1474747211000485
   Web of Science ®Google Scholar
• Chatterjee, S., & Zahirovic-Herbert, V. (2010). Retirement planning of younger baby-boomers: Who wants financial advice? Financial Decisions, 22(2), 1–12.
   Google Scholar
• Chen, H., & Volpe, R. P. (2002). Gender differences in personal financial literacy among college students. Financial Services Review, 11(3), 289–307.
   Google Scholar
• Crossan, D., Feslier, D., & Hurnard, R. (2011). Financial literacy and retirement planning in New Zealand. Journal of Pension Economics and Finance, 10(4), 619–635. doi:10.1017/S1474747211000515
   Web of Science ®Google Scholar
• Dietz, B. E., Carrozza, M., & Ritchey, P. N. (2003). Does financial self-efficacy explain gender differences in retirement saving strategies? Journal of Women & Aging, 15(4), 83–96. doi:10.1300/J074v15n04_07
   PubMed Web of Science ®Google Scholar
• Doerr, U., & Schulte, K. (2012). Betting on a long life: The role of subjective life expectancy in the demand for private pension insurance of German households. Schmollers Jahrbuch, 132(2), 233–263. doi:10.3790/schm.132.2.233
   Google Scholar
• Duberley, J., Carmichael, F., & Szmigin, I. (2014). Exploring women’s retirement: Continuity, context and career transition. Gender, Work and Organization, 21(1), 71–90.
   Web of Science ®Google Scholar
• Elder, G. H., Jr. (1995). The life course paradigm: Social change and individual development. In P. Moen, G. H. Elder, & K. Luscher (Eds.), Examining lives in context: Perspectives on the ecology of human development (pp. 101–139). Washington DC: American Psychological Society.
   Google Scholar
• Fonseca, R., Mullen, K. J., Zamarro, G., & Zissimopoulos, J. (2012). What explains the gender gap in financial literacy? The role of household decision making. The Journal of Consumer Affairs, 46(1), 90–106. doi:10.1111/j.1745-6606.2011.01221.x
   PubMed Web of Science ®Google Scholar
• Fornero, E., & Monticone, C. (2011). Financial literacy and pension plan participation in Italy. Journal of Pension Economics and Finance, 10(4), 547–564. doi:10.1017/S1474747211000473
   Web of Science ®Google Scholar
• Foster, L., Irving, Z., Ramia, G., & Farnsworth, K. (2014). Towards a fairer pension system for women? Assessing the impact of recent pension changes on women. Social Policy Review, 26, 29–46.
   Google Scholar
• Fredricks, P., Knijn, T., & Maier, R. (2009). Pension reforms, working patterns and gender pension gaps in Europe. Gender, Work & Organization, 16(6), 710–730. doi:10.1111/j.1468-0432.2009.00457.x
   Web of Science ®Google Scholar
• Ginn, J., & MacIntyre, K. (2013). UK pension reforms: Is gender still an issue? Social Policy and Society, 12(1), 91–103. doi:10.1017/S1474746412000504
   Google Scholar
• Gough, O., & Sozou, P. D. (2005). Pensions and retirement savings: Cluster analysis of consumer behaviour and attitudes. International Journal of Bank Marketing, 23(7), 558–570. doi:10.1108/02652320510629917
   Google Scholar
• Grace, D., Weaven, S., & Ross, M. (2010). Consumer retirement planning: An exploratory study of gender differences. Qualitative Market Research: An International Journal, 13(2), 174–188. doi:10.1108/13522751011032601
   Google Scholar
• Grady, J. (2015). Gendering pensions: Making women visible. Gender, Work & Organization, 22(5), 445–458. doi:10.1111/gwao.12096
   Web of Science ®Google Scholar
• Griffin, B., Hesketh, B., & Loh, V. (2012). The influence of subjective life expectancy on retirement transition and planning: A longitudinal study. Journal of Vocational Behavior, 81(2), 129–137. doi:10.1016/j.jvb.2012.05.005
   Web of Science ®Google Scholar
• Griffin, B., Loe, D., & Hesketh, B. (2012). Using proactivity, time discounting, and the theory of planned behavior to identify predictors of retirement planning. Educational Gerontology, 38(12), 877–889. doi:10.1080/03601277.2012.660857
   Web of Science ®Google Scholar
• Helman, R., Adams, N., Copeland, C., & Van Derhei, J. (2013). The 2013 retirement confidence survey: Perceived savings needs outpace reality for many (Issue Brief, Number 384). Cambridge, MA: Employee Benefit Research Institute.
   Google Scholar
• Hershey, D. A., Henkens, K., & Van Dalen, H. P. (2010). Aging and financial planning for retirement: Interdisciplinary influences viewed through a cross-cultural lens. The International Journal of Aging and Human Development, 70(1), 1–38. doi:10.2190/AG.70.1.a
   PubMed Web of Science ®Google Scholar
• Hershey, D. A., & Mowen, J. C. (2000). Psychological determinants of financial preparedness for retirement. The Gerontologist, 40(6), 687–697.
   PubMed Web of Science ®Google Scholar
• House of Commons Work and Pensions Committee. (2016). Intergenerational fairness. November 2016 Parliamentary Copyright.
   Google Scholar
• Jacobs-Lawson, J. M., Hershey, D. A., & Neukam, K. A. (2004). Gender differences in factors that influence time spent planning for retirement. Journal of Women & Aging, 16(3–4), 55–69. doi:10.1300/J074v16n03_05
   PubMed Web of Science ®Google Scholar
• Kemp, C. L., Rosenthal, C. J., & Denton, M. (2005). Financial planning for later life: Subjective understandings of catalysts and constraints. Journal of Aging Studies, 19(3), 273–290. doi:10.1016/j.jaging.2004.08.004
   Web of Science ®Google Scholar
• Kilty, K. M., & Behling, J. H. (1985). Predicting the retirement intentions and attitudes of professional workers. Journal of Gerontology, 40(2), 219–227.
   PubMedGoogle Scholar
• Kojola, E., & Moen, P. (2016). No more lock-step retirement: Boomers’ shifting meanings of work and retirement. Journal of Aging Studies, 36, 59–70. doi:10.1016/j.jaging.2015.12.003
   PubMed Web of Science ®Google Scholar
• Kosloski, K., Ekerdt, D., & DeViney, S. (2001). The role of job-related rewards in retirement planning. The Journals of Gerontology Series B: Psychological Sciences and Social Sciences, 56(3), 160–169. doi:10.1093/geronb/56.3.P160
   Web of Science ®Google Scholar
• Lusardi, A., & Mitchell, O. S. (2007). Baby boomer retirement security: The roles of planning, financial literacy, and housing wealth. Journal of Monetary Economics, 54, 205–224. doi:10.1016/j.jmoneco.2006.12.001
   Web of Science ®Google Scholar
• Lusardi, A., & Mitchell, O. S. (2011). Financial literacy and planning: Implications for retirement wellbeing, (WP 17078). Cambridge, MA: National Bureau of Economic Research.
   Google Scholar
• Mock, S. E., & Cornelius, S. W. (2007). Profiles of interdependence: The retirement planning of married, cohabiting, and lesbian couples. Sex Roles, 56(11–12), 793–800. doi:10.1007/s11199-007-9243-z
   Web of Science ®Google Scholar
• Moen, P. (1996). A life course perspective on retirement, gender and well-being. Journal of Occupational Health Psychology, 1(2), 131–144.
   PubMedGoogle Scholar
• Moen, P., Erickson, W. A., Argawal, M., Fields, V., & Todd, L. (2000). The Cornell retirement and well-being study. NY: Gerontology Institute, Cornell.
   Google Scholar
• Moen, P., Sweet, S., & Swisher, R. (2005). Embedded career clocks: The case of retirement planning. Advances in Life Course Research, 9, 237–265. doi:10.1016/S1040-2608(04)09009-4
   Google Scholar
• Noone, J., Alpass, F., & Stephens, C. (2010). Do men and women differ in their retirement planning? Testing a theoretical model of gendered pathways to retirement preparation. Research on Ageing, 32(6), 715–738. doi:10.1177/0164027510383531
   Web of Science ®Google Scholar
• Orel, N. A., Ford, R. A., & Brock, C. (2004). Women’s financial planning for retirement: The impact of disruptive life events. Journal of Women & Aging, 16(3–4), 39–53. doi:10.1300/J074v16n03_04
   PubMed Web of Science ®Google Scholar
• Orenstein, M. A. (2011). Pension privatization in crisis: Death or rebirth of a global policy trend? International Social Security Review, 64(3), 65–80. doi:10.1111/issr.2011.64.issue-3
   Google Scholar
• Petroska, J., & Earl, J. K. (2009). Understanding the influence of demographic and psychological variables on retirement planning. Psychology and Aging, 21(1), 245–251. doi:10.1037/a0014096
   Google Scholar
• Poterba, J. M. (2014). Retirement security in an aging population. The American Economic Review, 104(5), 1–30. doi:10.1257/aer.104.5.1
   Web of Science ®Google Scholar
• Prudential (2015). Women expect to retire on £4,800 a year less than men – But the pension gender gap is shrinking. Retrieved from https://www.pru.co.uk/pdf/press-centre/gender-gap.pdf.
   Google Scholar
• Quick, H. E., & Moen, P. (1998). Gender, employment and retirement quality: A life course approach to the differential experiences of men and women. Journal of Occupational Health Psychology, 3, 44–64.
   PubMedGoogle Scholar
• Sekita, S. (2011). Financial literacy and retirement planning in Japan. Journal of Pension Economics and Finance, 10(4), 637–656. doi:10.1017/S1474747211000527
   Web of Science ®Google Scholar
• Spaenjers, C., & Spira, S. M. (2015). Subjective life horizon and portfolio choice. Journal of Economic Behavior & Organization, 116, 94–106. doi:10.1016/j.jebo.2015.04.006
   Web of Science ®Google Scholar
• Stawski, R. S., Hershey, D. A., & Jacobs-Lawson, J. M. (2007). Goal clarity and financial planning activities as determinants of retirement savings contributions. The International Journal of Aging and Human Development, 64(1), 13–32. doi:10.2190/13GK-5H72-H324-16P2
   PubMed Web of Science ®Google Scholar
• Taylor, M. A., & Doverspike, D. (2003). Retirement planning and preparation. In G. A. Adams & T. A. Beehr (Eds.), Retirement: Reasons, processes, and results (pp. 53–82). New York, NY: Springer.
   Google Scholar
• Trewin, J., & Curatola, A. P. (2010). Retirement planning in light of life expectancy and gender issues. Journal of Financial Service Professionals, 64(5), 70–80.
   Google Scholar
• Van Dalen, H. P., Kène, H., & Hershey, D. A. (2010). Perceptions and expectations of pension savings adequacy: A comparative study of Dutch and American workers. Ageing and Society, 30(5), 731–754. doi:10.1017/S0144686X09990651
   Google Scholar
• Van Rooij, M. C. J., Lusardi, A., & Alessie, R. J. M. (2011). Financial literacy and retirement planning in the Netherlands. Journal of Economic Psychology, 32, 593–608. doi:10.1016/j.joep.2011.02.004
   Web of Science ®Google Scholar
• Van Rooij, M. C. J., Lusardi, A., & Alessie, R. J. M. (2012). Financial literacy, retirement planning and household wealth. The Economic Journal, 122(560), 449–478. doi:10.1111/j.1468-0297.2012.02501.x
   Web of Science ®Google Scholar
• Van Solinge, H., & Henkens, K. (2009). Living longer, working longer? The impact of subjective life expectancy on retirement intentions and behaviour. The European Journal of Public Health, 20(1), 47–51. doi:10.1093/eurpub/ckp118
   PubMed Web of Science ®Google Scholar
• Wealthadvisor (2016). RISE survey reveals chronic lack of retirement planning in UK, 30/5/2016. Retrieved from http://www.wealthadviser.co/2016/05/27/240027/rise-survey-reveals-chronic-lack-retirement-planning-uk.
   Google Scholar