Modelling the retirement planning among staff in a public university by using multiple linear regression

Amirah Fatini Berahim @ Ab Rahman, and Wan Nurul Fathihah Wan Ahmad Fekri, and Noor Zafarina Mohd Fauzi, and Shamsunarnie Mohamed Zukri, and Nor Hazreeni Hamzah, (2022) Modelling the retirement planning among staff in a public university by using multiple linear regression. Journal of Quality Measurement and Analysis, 18 (1). pp. 37-47. ISSN 1823-5670

[img]
Preview
PDF
349kB

Official URL: https://www.ukm.my/jqma/jqma18-1/

Abstract

Retirement is a stage in life when a person decides to leave the workforce permanently. In Malaysia, the typical retirement age is 65. Individuals can predict how quickly and likely they will be able to reach their retirement goals with good retirement planning. Hence, the purpose of this study is to identify the determinants of retirement planning which are health, job environment, and financial planning among staffs in a public university in Kelantan. In this study, 85 samples were selected using a stratified random sampling technique that involve academic and non-academic staff. The data were collected using questionnaire that was distributed via WhatsApp and e-mail. To achieve the objectives, the data was analyzed using Multiple Linear Regression. From this study, it can be concluded that there are two variables that significantly influence retirement planning which are health, and financial planning. In conclusion, individuals are advised to take good care of their health, and it is advisable for individuals to have investment property for future saving.

Item Type:Article
Keywords:Financial planning; Health; Job environment; Retirement planning
Journal:Journal of Quality Measurement and Analysis
ID Code:19449
Deposited By: ms aida -
Deposited On:17 Aug 2022 03:28
Last Modified:19 Aug 2022 01:54

Repository Staff Only: item control page