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Pension Design and StructureNew Lessons from Behavioral Finance$
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Olivia S. Mitchell and Stephen P. Utkus

Print publication date: 2004

Print ISBN-13: 9780199273393

Published to Oxford Scholarship Online: January 2005

DOI: 10.1093/0199273391.001.0001

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Sex Differences, Financial Education, and Retirement Goals

Sex Differences, Financial Education, and Retirement Goals

Chapter:
(p.185) Chapter 10 Sex Differences, Financial Education, and Retirement Goals
Source:
Pension Design and Structure
Author(s):

Robert L. Clark (Contributor Webpage)

Madeleine B. d'Ambrosio

Ann A. McDermed

Kshama Sawant

Publisher:
Oxford University Press
DOI:10.1093/0199273391.003.0010

This chapter examines sex differences in retirement goals and responses to financial education seminars. Gender differences were observed in terms of desired retirement age, and savings and investment choices. Financial education seminars alter individual retirement objectives, with participants likely to raise their income objectives after the seminar.

Keywords:   sex differences, financial education seminar, retirement goals, savings, investment, retirement planning

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