Retirement Planning, Financial Literacy and Small Business Owners

Tami Gurley-Calvez, Kandice A. Kapinos and Donald Bruce

Chapter 1 in Entrepreneurship, Self-Employment and Retirement, 2015, pp 11-41 from Palgrave Macmillan

Abstract: Abstract Retirement planning is a broad concern for individuals and policymakers alike, particularly as a larger proportion of the population is nearing and passing traditional retirement age. In particular, little is known about the financial literacy of small business owners and how they prepare for retirement compared to their waged and salaried counterparts. We use a publicly available panel data set from the United States to examine the retirement savings decisions of self-employed and non-self-employed individuals nearing retirement age.

Keywords: Financial Literacy; Social Security Benefit; Wage Worker; Retirement Planning; Retirement Saving (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39839-0_2

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DOI: 10.1057/9781137398390_2

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