Financial Status and Literacy, and Retirement Preparedness of Generation X Government Employees
Abstract
Purpose: To investigate the relationship between financial literacy and retirement preparedness of Generation X government employees.
Design/methodology/approach: This study employed a quantitative research design. Specifically, the descriptive-correlational design uses survey data. This allows the exploration of associations between variables without manipulation, offering insights into how these variables interrelate and influence retirement preparedness. A survey was conducted using a questionnaire administered via printed forms.
Research Findings: Generation X government employees have high financial literacy but varying levels of retirement preparedness. A significant positive correlation exists between financial literacy and retirement preparedness.
Contribution/Originality/Novelty: The study fills the gap in the literature by focusing on a specific demographic, the Generation X government employees in the Philippines.
Tujuan Penelitian: Untuk menyelidiki hubungan antara literasi keuangan dan kesiapan pensiun pegawai pemerintah generasi X.
Desain / metodologi / pendekatan: Penelitian ini menggunakan desain penelitian kuantitatif, khususnya desain deskriptif-korelasional, dengan menggunakan data survei. Pendekatan ini memungkinkan eksplorasi hubungan antar variabel tanpa manipulasi, sehingga memberikan wawasan tentang bagaimana variabel-variabel ini saling berhubungan dan memengaruhi kesiapan pensiun. Survei dilakukan dengan menggunakan kuesioner yang disebarkan dalam bentuk cetak.
Temuan Penelitian: Pegawai pemerintah Generasi X memiliki literasi keuangan yang tinggi tetapi tingkat kesiapan pensiun mereka bervariasi. Ada korelasi positif yang signifikan antara literasi keuangan dan kesiapan pensiun.
Kontribusi / Orisinalitas / Kebaruan: Penelitian ini mengisi kesenjangan dalam literatur dengan berfokus pada demografi tertentu, pegawai pemerintah Generasi X di Filipina.
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