Financial Management Mindset and Retirement Preparedness of Employees

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@article{1716126,
      author = {Christian Emannuel R. Allas, Elisa C. Cristobal, PhD},
      title = {Financial Management Mindset and Retirement Preparedness of Employees},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {9},
      number = {10},
      pages = {759-767},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1716126.pdf},
      abstract = {This study examines employees' financial management mindset and retirement readiness with an emphasis on cost of living management, money management, digital financial practices, and debt management in addition to retirement readiness in terms of sufficient financial resources, a sustainable lifestyle, and debt-free management. Using a descriptive-correlational design, the results show that respondents have a sound financial mindset, which is typified by responsible use of digital financial tools, cautious borrowing, and disciplined budgeting. These actions result in a high degree of retirement readiness, particularly in terms of preserving desired lifestyles, reducing debt, and preserving financial stability. Nonetheless, there is comparatively minimal investment and income diversification activity. The study, which has its roots in retirement planning and financial literacy, emphasizes how crucial it is to improve strategic financial planning. All things considered, having a proactive financial mindset greatly enhances long-term stability and retirement preparedness.},
      keywords = {Employees, Financial Management, Mindset, Preparedness, Retirement},
      month = {April},
      doi = {https://doi.org/10.64388/IREV9I10-1716126}
  }