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                <text>MPHIL</text>
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              <text>A Study on Retirement Preparedness of Information Technology and Education Sector Employees in relation to Attitude and Knowledge</text>
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          <name>Creator</name>
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              <text>R.  Narayanaswamy</text>
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          <name>Date</name>
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              <text>2013</text>
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              <text>Retirement planning is a process of analysing the current financial situation, identifying the future financial need of the person upon retirement, investing on a disciplined basis through appropriate instruments and deriving benefits out of it when the need arises. With changing socio-economic factors, there is a great interest among academicians and practitioners alike, to find answers for inevitable post retirement survival crisis. This study is primarily based on a problem How well prepared are IT and Education sector employees to take up the post retirement financial survival? The objectives of the study are - to know the association between attitude, knowledge and retirement preparedness and whether attitude and knowledge has any relationship with the retirement preparedness.



This study is based on primary data collected from 400 respondents (200 IT sector employees and 200 Education sector employees) using questionnaire. This study takes Attitude and Knowledge as independent variables and Retirement preparedness as dependent variable. With the help of statistical tools like Chi-square tests, ANOVA and Canonical Correlation, the association and relationship were tested. This study reveals that Attitude and Knowledge has relationship with retirement preparedness. The result is of great significance for government in policy making, for media and personal financial planners in pro actively influencing investment decisions of investors.

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