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Alex Yue Feng Zhu and Kee Lee Chou

This study investigated the relationship between retirement saving needs estimation and the amount of self-reported private retirement savings amassed by working-age adults in Hong Kong, China, by focusing on the mediating role of retirement saving needs estimation between retirement goal clarity and the amount of private retirement savings. Based on... Read More >

Michelle Reyers

Concerns regarding the adequacy of retirement savings have contributed to the move to encourage better savings behavior. One area of research focuses on understanding the profile of individuals who believe they are preparing adequately for retirement. The current study uses data from a national survey of South Africans to determine... Read More >

Sarah D. Asebedo and Martin C. Seay

This study investigates the relationship between financial self-efficacy (FSE) and saving behavior within a sample of 847 U.S. pre-retirees aged 50 to 70 from the Health and Retirement Study. In accordance with the social cognitive theory of self-regulation, results revealed that FSE is positively related to saving behavior after controlling... Read More >

Martin C. Seay, Somer G. Anderson, Andy T. Carswell, and Robert B. Nielsen

Using data from the 2001, 2004, and 2008 panels of the Survey of Income and Program Participation (SIPP), this research examines the characteristics of households that invested in rental real estate during the 2000s. Given the tumultuous real estate market during that decade, rental real estate investment was investigated during... Read More >

Su Hyun Shin and Kyoung Tae Kim

Using the 2007–2009 Survey of Consumer Finances (SCF) panel dataset, this study investigated the relationship between subjective income risks and stock ownership of 2,386 households with a working head before and after the Great Recession. We used subjective income uncertainty as a proxy for subjective income risks. A two-stage least... Read More >

Su Hyun Shin and Kyoung Tae Kim

Using the 2007–2009 Survey of Consumer Finances panel dataset, we investigate whether and how changes in perceived income and saving motives are related to demand for household savings in the United States after the Great Recession. Households that perceive their current income as lower, relative to normal years are less... Read More >

Sherman D. Hanna, Kyoung Tae Kim, and Suzanne Lindamood

The Survey of Consumer Finances (SCF) is the most frequently used dataset for research in this journal, but many researchers and readers do not fully understand some of the dataset’s complex details. This article provides insight into important issues that researchers and readers need to understand to accurately conduct and... Read More >