stdClass Object
(
    [id] => 16304
    [paper_index] => 202505-07-022028
    [title] => FINANCIAL LITERACY AND SELF-EFFICACY AS PREDICTORS OF RETIREMENT PREPAREDNESS AMONG EMPLOYEES 
    [description] => 
    [author] => Archell Jean Roxanne V. Bernas, Jimnanie A. Manigo
    [googlescholar] => 
    [doi] => https://doi.org/10.36713/epra22028
    [year] => 2025
    [month] => May
    [volume] => 12
    [issue] => 5
    [file] => fm/jpanel/upload/2025/May/202505-07-022028.pdf
    [abstract] => This study aimed to determine the domains of financial literacy and self-efficacy that significantly predict retirement preparedness. The respondents of this study were teaching and non-teaching employees of an academic institution. A non-experimental quantitative research design with a descriptive correlational approach was employed. Also, the sample size was determined using the Raosoft formula, and participants were selected through simple random sampling. Data analysis involved using Mean, Pearson-r correlation, and Regression Analysis. The results revealed that the respondents had a high level of financial literacy and a very high level of self-efficacy. Similarly, the respondents had a very high level of retirement preparedness. Moreover, the study showed a significant relationship between financial literacy, retirement preparedness, self-efficacy and retirement preparedness. Further, three domains of financial literacy, financial skills, financial goals, and financial behaviour significantly influence retirement preparedness. Furthermore, all domains of self-efficacy significantly influence retirement preparedness. The result of this study supports the Prospect Theory, Social Cognitive Theory, and the Life-Cycle Theory. Thus, the study results suggest that management can improve current university programs, like membership in the cooperative, and foster greater awareness of government programs, like the Pag-IBIG MP2 savings program. Lastly, employees can support these opportunities to save and invest collectively.
    [keywords] => Financial Literacy, Self-Efficacy, Retirement Preparedness, Employees, Philippines
    [doj] => 2025-05-31
    [hit] => 
    [status] => 
    [award_status] => P
    [orderr] => 82
    [journal_id] => 7
    [googlesearch_link] => 
    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Economics, Business and Management Studies (EBMS)
    [short_code] => IJHS
    [eissn] => 2347-4378
    [pissn] => 
    [home_page_wrapper] => images/products_image/2.EBMS.png
)
Error fetching PDF file.