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Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman

Retirement is the last phase for one's career path. It is a preparation for life without a regular income from work. Thus, the need for retirement income creates a need for retirement planning. Retirement has brought issues related to insufficient funds in funding the expenses of fellow retiree...

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Main Author: Nor Azman, Muhammad Azfar
Format: Student Project
Language:English
Published: Faculty of Business and Management 2018
Subjects:
Retirement. Retirement industry. Retirees
Online Access:http://ir.uitm.edu.my/id/eprint/28114/1/PPb_MUHAMMAD%20AZFAR%20NOR%20AZMAN%20BM%20J%2018_5.pdf
http://ir.uitm.edu.my/id/eprint/28114/
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spelling my.uitm.ir.281142020-03-09T06:44:15Z http://ir.uitm.edu.my/id/eprint/28114/ Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman Nor Azman, Muhammad Azfar Retirement. Retirement industry. Retirees Retirement is the last phase for one's career path. It is a preparation for life without a regular income from work. Thus, the need for retirement income creates a need for retirement planning. Retirement has brought issues related to insufficient funds in funding the expenses of fellow retirees upon retirement. Assumptions or factors was made leading to the necessity of retirement plans. The purpose of this study is to identify the deterrninants of retirement planning among employees of manufacturing sector in Shah Alam. This study applies quantitative approach as questionnaires is the main instruments for data collection. Data were collected from 100 employees from a few selected factories in Shah Alam. Data collected were analysed using descriptive analysis. Various factors were found become as a determinant of retirement planning among employees of manufacturing sector in Shah Alam which are wages, availability of income sources and potential resources, attitude towards money and physical health. From the findings it can determined that only physical health is not become determinant of retirement planning and the wages, availability of income sources and potential resources and attitude towards money become determinant of retirement planning among employees of manufacturing sector in Shah Alam. Overall, this study exposes some information on the awareness towards private retirement scheme among private sector employees in Malaysia and factors influencing their intention for retirement planning. Faculty of Business and Management 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/28114/1/PPb_MUHAMMAD%20AZFAR%20NOR%20AZMAN%20BM%20J%2018_5.pdf Nor Azman, Muhammad Azfar (2018) Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman. [Student Project] (Submitted)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Retirement. Retirement industry. Retirees
spellingShingle Retirement. Retirement industry. Retirees
Nor Azman, Muhammad Azfar
Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
description Retirement is the last phase for one's career path. It is a preparation for life without a regular income from work. Thus, the need for retirement income creates a need for retirement planning. Retirement has brought issues related to insufficient funds in funding the expenses of fellow retirees upon retirement. Assumptions or factors was made leading to the necessity of retirement plans. The purpose of this study is to identify the deterrninants of retirement planning among employees of manufacturing sector in Shah Alam. This study applies quantitative approach as questionnaires is the main instruments for data collection. Data were collected from 100 employees from a few selected factories in Shah Alam. Data collected were analysed using descriptive analysis. Various factors were found become as a determinant of retirement planning among employees of manufacturing sector in Shah Alam which are wages, availability of income sources and potential resources, attitude towards money and physical health. From the findings it can determined that only physical health is not become determinant of retirement planning and the wages, availability of income sources and potential resources and attitude towards money become determinant of retirement planning among employees of manufacturing sector in Shah Alam. Overall, this study exposes some information on the awareness towards private retirement scheme among private sector employees in Malaysia and factors influencing their intention for retirement planning.
format Student Project
author Nor Azman, Muhammad Azfar
author_facet Nor Azman, Muhammad Azfar
author_sort Nor Azman, Muhammad Azfar
title Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
title_short Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
title_full Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
title_fullStr Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
title_full_unstemmed Determinants of retirement planning among employees of manufacturing sector in Shah Alam / Muhammad Azfar Nor Azman
title_sort determinants of retirement planning among employees of manufacturing sector in shah alam / muhammad azfar nor azman
publisher Faculty of Business and Management
publishDate 2018
url http://ir.uitm.edu.my/id/eprint/28114/1/PPb_MUHAMMAD%20AZFAR%20NOR%20AZMAN%20BM%20J%2018_5.pdf
http://ir.uitm.edu.my/id/eprint/28114/
_version_ 1685650368008028160
score 13.211869

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