Retirement planning activities: Cases of preschool and primary school teachers in Hanam province

Nguyen Dang Tue1, Nguyen Dinh Thai1
1 Hanoi University of Science and Technology

Main Article Content

Abstract

Retirement planning is increasingly drawing worldwide interest both in personal finance practice and research, but this concept is rather new in Vietnam. This article analyzes retirement planning for preschool and primary school teachers in Ha Nam province. Data were collected through random sampling survey with 51 answers were obtained out of 57 distributed questionnaires. Research results showed that retirement planning activities are facing many constraints such as understanding of retirement policies, ability to estimate expenses and income in the period of retirement, responsible for retirement planning, retirement financial planning process and access to retirement financial products. Solutions and policies need to be implemented synchronously to improve retirement planning for this group of people.

Article Details

References

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