• Journal of Wellbeing Management and Applied Psychology
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• v.5 no.4
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• pp.1-9
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• 2022

Purpose: Many people recognize the fact that women are basically poor at financial and retirement planning. A small number of scholars have explored the factors and situations that influence the level of awareness of pre-retirement women and men with regards to planning for their retirement years. In most developing countries, including Malaysia, there are more men in the younger segment of the population and more women in the older segment, since women tend to live longer than men due to having jobs of relatively lower risk, their behaviors, and activities. Research design, data and methodology: Given that it is hard to predict whether they will be healthy in old age, women may require additional resources to obtain the care and assistance that they need. The transition from career life into retirement is a long process for people to go through. Some may be able to prepare for the next stage of life, and some may not be able to prepare due to personal reasons. Planning for future retirement is important because it will affect the quality of a woman's life after a certain age. Results: Without proper planning, women may face financial instability, depression, and poor psychological well-being. However, many women are unaware of their financial status or do not know their family's financial status, such as tracking the main income, budget, and expenses, financial commitments and have no proper record of assets owned, loans owed, or updated loan balances. Conclusions: The findings of this research have led to the conclusion that pre-retiree women are likely to regard their retirement savings as sufficient without realizing that they should have at least several types of savings instead of just one, and the grave consequences of not having any savings at all for their retirement years.

• Journal of Families and Better Life
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• v.24 no.5 s.83
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• pp.69-87
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• 2006

This article attempts to explore how the women retirees under study were able to continue work until retirement. This study used life histories, especially focusing on daily working lives, and uncovered a number of key issues through in-depth interviews. The main results are as follows: Firstly, the women retirees examined here had been raised as highly educated people, and their strong educational background was a base component for them to have relatively secure careers. Their parents had also supported practically the women retirees during their working lives. In addition, the women retirees had to can out the roles of 'provider' for their original families, procreation families or in-law families, even though they were not given the recognized roles of provider. Secondly, the women retirees had a private infra system to support them with housework and child care. In addition, because they were financially able to employ housemaids, the women retirees did not experience conflicts with their husbands, who took on a neo-traditional sex role. Finally, thanks to relatively good working conditions such as having vacations and being able to come to and leave the office on time, the women retirees were able to continue work until retirement no mean feat in a society which openly practiced gender discrimination.

• Journal of the Korean Home Economics Association
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• v.48 no.9
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• pp.13-25
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• 2010

This study examined the effects of individual, family, and career characteristics on retirees' life satisfaction and investigated the interactive effect of gender on the relations between retirement and life satisfaction. Data were drawn from 2 waves of Korean Retirement and Income Study (KReIS). The analytic sample included 158 retired men and 145 retired women in the second wave and all of whom had worked at the first wave. The results indicated that psychological and physical health conditions significantly affected retirees' life satisfaction. Also, family characteristics in terms of a spouse's work status and children's developmental stages, such as marriage and employment, influenced retirees' life satisfaction. Financial support from adult children living elsewhere also significantly affected retiree's life satisfaction. The interaction effect of gender was only found in effects of living arrangement (living alone/with a spouse vs. multiple generations living together) on retirees' life satisfaction.