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Retirement Planning, Financial Literacy and Small Business Owners

In: Entrepreneurship, Self-Employment and Retirement

Author

Listed:
  • Tami Gurley-Calvez
  • Kandice A. Kapinos
  • Donald Bruce

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.

Suggested Citation

  • Tami Gurley-Calvez & Kandice A. Kapinos & Donald Bruce, 2015. "Retirement Planning, Financial Literacy and Small Business Owners," Palgrave Macmillan Books, in: Natalie Sappleton & Fernando Lourenço (ed.), Entrepreneurship, Self-Employment and Retirement, chapter 1, pages 11-41, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39839-0_2
    DOI: 10.1057/9781137398390_2
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    Cited by:

    1. Chavis Ketkaew & Martine Van Wouwe & Preecha Vichitthamaros & Duanpen Teerawanviwat, 2019. "The Effect of Expected Income on Wealth Accumulation and Retirement Contribution of Thai Wageworkers," SAGE Open, , vol. 9(4), pages 21582440198, December.

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