Chia Nan University of Pharmacy & Science Institutional Repository:Item 310902800/22100
English  |  正體中文  |  简体中文  |  Items with full text/Total items : 17776/20117 (88%)
Visitors : 12153137      Online Users : 207
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item:

    Title: A study of Personal Financial Cognition,Behavior and Retirement Plan for the Elementary School Teachers
    Authors: Ching-Hao Chen
    Mingchun Lin
    An-Li Sui
    Yu Fang Lu
    Contributors: 醫務管理系
    Keywords: Financial Literacy
    Money Management
    Retirement Planning
    Date: 2008-07
    Issue Date: 2009-12-28 17:07:43 (UTC+8)
    Abstract: With the change of social environment, the demographic structure is getting aging in
    Taiwan. Most people recognize that the concept of the “Old-age Security Hypothesis”
    has gone out of date. Besides, with the impacts such as outward relocation of domestic industries, and downsizing and merging of enterprises, the retirement age of people in Taiwan tends to be younger and younger.
    In recent years, the rising price of crude oil and raw materials, and the outbreak of the subprime mortgage in the U.S. result in problems like credit crunch and fluctuation of
    investor’s confidence. Besides, the low deposit rate makes most people choose other
    way to invest their finance except time deposit, hoping to gain higher returns from a variety of financial products.
    The subjects of this study are elementary school teachers in Kaohsiung County who are asked to fill out the questionnaires. 500 copies of questionnaires are submitted and 366 of which are collected back as valid ones. The result of the questionnaire is used to analyze the factors which influence the financial literacy, money management and retirement planning among elementary school teachers, which indicates that:
    1. Most elementary school teachers deposit their money in a financial institution and insurance as their investment focus, which mainly plan to increase their fortune. The highest annual rate of return lies between 5 to 10%. Nearly 75.4 % of interviewees invest their money in other ways, and most of them get returns.
    2. Most elementary school teachers consent to that the ideal retirement age is 51 to
    55 years old. Nearly 93% of the interviewees hope that the monthly income after retirement can be no less than 40,000 New Taiwan dollars, and the financial planning of whom focus on long-term and mid-term investment, hoping to keep depositing their money in a financial institution and insurance. Half of the interviewees state that the major factor of decreasing the quality of retirement life is the serious medical expense.
    3. Elementary school teachers state that the financial literacy, money management and retirement planning will apparently differ according to sex, age, marriage condition, teaching seniority, personal monthly income and expense, and family month income.
    4. Elementary school teachers state that the financial literacy will be influenced by the investment focus, main purpose of financial planning, annual rate of return, and other money management except deposit in a financial institution and insurance. Moreover, the other factors include the ideal retirement age, the ideal monthly income after retirement, the age which start to invest, the monthly amount of investment, the best financing item of retirement planning, the best financing tool for reaching the retirement aim, and the major factor of decreasing the retirement life.
    5. The retirement planning of the elementary school teachers differ apparently according to the investment focus and other five money managements.
    Relation: International Conference on Business and Information 2008,起迄日:2008/7/7~2008/7/9,地點:Seoul, Korea
    Appears in Collections:[Dept. of Hospital and Health (including master's program)] Proceedings

    Files in This Item:

    File Description SizeFormat
    97_208_pro.pdf438KbAdobe PDF526View/Open

    All items in CNU IR are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback