Retirement preparedness and subjective well-being: Evidence from Malaysia

Organizations offer sufficient preparation to prepare their employees to succeed at work, but very few, if any, prepare their employees for life after work. A cross-sectional survey was undertaken, with a total of 514 Malaysian employees participating in the study. The Partial Least Squares-Structur...

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Main Authors: Guptan, Vinitha, Ratneswary, Rasiah, Harpaljit Kaur, Pritam Singh, Turner, Jason James, Kumar, Senthil, Sorooshian, Shahryar
Format: Article
Language:English
English
Published: Romanian Society for Quality Assurance - SRAC 2021
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/32955/
http://umpir.ump.edu.my/id/eprint/32955/1/Retirement%20Preparedness.pdf
http://umpir.ump.edu.my/id/eprint/32955/7/Retirement%20Preparedness%20and%20Subjective%20Well.pdf
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author Guptan, Vinitha
Ratneswary, Rasiah
Harpaljit Kaur, Pritam Singh
Turner, Jason James
Kumar, Senthil
Sorooshian, Shahryar
author_facet Guptan, Vinitha
Ratneswary, Rasiah
Harpaljit Kaur, Pritam Singh
Turner, Jason James
Kumar, Senthil
Sorooshian, Shahryar
author_sort Guptan, Vinitha
building UMP Institutional Repository
collection Online Access
description Organizations offer sufficient preparation to prepare their employees to succeed at work, but very few, if any, prepare their employees for life after work. A cross-sectional survey was undertaken, with a total of 514 Malaysian employees participating in the study. The Partial Least Squares-Structural Equation Modelling estimation technique was employed to analyse the data. The results revealed that retirement preparedness in orgnizations via financial knowledge, retirement goals and retirement confidence significantly enhances subjective well-being of employees. The study serves to discuss current policy issues that affect the government, financial institutions, the employees, the elderly and their families.
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format Article
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institution Universiti Malaysia Pahang
institution_category Local University
language English
English
last_indexed 2025-11-15T03:08:23Z
publishDate 2021
publisher Romanian Society for Quality Assurance - SRAC
recordtype eprints
repository_type Digital Repository
spelling ump-329552022-01-14T03:46:54Z http://umpir.ump.edu.my/id/eprint/32955/ Retirement preparedness and subjective well-being: Evidence from Malaysia Guptan, Vinitha Ratneswary, Rasiah Harpaljit Kaur, Pritam Singh Turner, Jason James Kumar, Senthil Sorooshian, Shahryar HG Finance Organizations offer sufficient preparation to prepare their employees to succeed at work, but very few, if any, prepare their employees for life after work. A cross-sectional survey was undertaken, with a total of 514 Malaysian employees participating in the study. The Partial Least Squares-Structural Equation Modelling estimation technique was employed to analyse the data. The results revealed that retirement preparedness in orgnizations via financial knowledge, retirement goals and retirement confidence significantly enhances subjective well-being of employees. The study serves to discuss current policy issues that affect the government, financial institutions, the employees, the elderly and their families. Romanian Society for Quality Assurance - SRAC 2021-12 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/32955/1/Retirement%20Preparedness.pdf pdf en http://umpir.ump.edu.my/id/eprint/32955/7/Retirement%20Preparedness%20and%20Subjective%20Well.pdf Guptan, Vinitha and Ratneswary, Rasiah and Harpaljit Kaur, Pritam Singh and Turner, Jason James and Kumar, Senthil and Sorooshian, Shahryar (2021) Retirement preparedness and subjective well-being: Evidence from Malaysia. Quality - Access to Success, 22 (185). pp. 200-211. ISSN 1582-2559. (Published) https://admin.calitatea.ro/assets/Documents/Archive/PDF/20211203_cf4357f3-4f76-4c8c-8494-206ce2b20660.pdf 10.47750/QAS/22.185.27
spellingShingle HG Finance
Guptan, Vinitha
Ratneswary, Rasiah
Harpaljit Kaur, Pritam Singh
Turner, Jason James
Kumar, Senthil
Sorooshian, Shahryar
Retirement preparedness and subjective well-being: Evidence from Malaysia
title Retirement preparedness and subjective well-being: Evidence from Malaysia
title_full Retirement preparedness and subjective well-being: Evidence from Malaysia
title_fullStr Retirement preparedness and subjective well-being: Evidence from Malaysia
title_full_unstemmed Retirement preparedness and subjective well-being: Evidence from Malaysia
title_short Retirement preparedness and subjective well-being: Evidence from Malaysia
title_sort retirement preparedness and subjective well-being: evidence from malaysia
topic HG Finance
url http://umpir.ump.edu.my/id/eprint/32955/
http://umpir.ump.edu.my/id/eprint/32955/
http://umpir.ump.edu.my/id/eprint/32955/
http://umpir.ump.edu.my/id/eprint/32955/1/Retirement%20Preparedness.pdf
http://umpir.ump.edu.my/id/eprint/32955/7/Retirement%20Preparedness%20and%20Subjective%20Well.pdf