Occupation and Financial Preparation for Retirement: Does Being a Public Servant Make a Difference?

Kelmara Mendes Vieira, Taiane Keila Matheis, Tamara Otilia Amaral Rosenblum and Ani Caroline Grigion Potrich

International Journal of Public Administration, 2024, vol. 47, issue 5, 328-341

Abstract: This study tests the hypothesis that public servants have higher levels of financial preparation for retirement compared to other occupations. Also, it identifies whether the model is invariant. The results indicate that public servants have better future expectations, financial planning, and savings behavior than other occupations. The level of financial preparation for retirement is low in all occupations. The construction of public policies that consider both the need to increase levels of planning and inequalities is essential for greater financial well-being in retirement.

Date: 2024
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DOI: 10.1080/01900692.2022.2119408

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