Retirees, Financial Planning Horizon, and Retirement Satisfaction

Pearson Blain M. () and Lacombe Donald ()
Additional contact information
Pearson Blain M.: Assistant Professor of Finance, Department of Finance and Economics, Coastal Carolina University, 119 E Chanticleer Dr, Conway, SC 29526, Phone (828) 455-2617, Conway, United States
Lacombe Donald: Associate Professor, School of Financial Planning, Texas Tech University, Box 41210, Lubbock, TX 79409-1210, Lubbock, United States

Financial Planning Research Journal, 2022, vol. 8, issue 1, 26-39

Abstract: This study examines the association between retiree financial planning horizon and retirement satisfaction using longitudinal data collected from the Health and Retirement Study. The results indicate that retirees with long-term financial planning horizons, compared to retirees with short-term financial planning horizons, are more likely to be satisfied with their retirement. The findings and ensuing discussion highlight the need for long-term financial planning during retirement and the need for financial planners to regularly engage in financial planning throughout their clients’ retirement.

Keywords: Financial Planning; Financial Planning Horizon; Retirement Adequacy; Retirement Planning; Retirement Satisfaction (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/fprj-2022-0002 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:finprj:v:8:y:2022:i:1:p:26-39:n:1002

DOI: 10.2478/fprj-2022-0002

Access Statistics for this article

Financial Planning Research Journal is currently edited by Mark Brimble

More articles in Financial Planning Research Journal from Sciendo
Bibliographic data for series maintained by Peter Golla ().