Exploring the Demand for Retirement Planning Advice: The Role of Financial Literacy

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dc.contributor.author Seay, Martin C.
dc.contributor.author Kim, Kyoung Tae
dc.contributor.author Heckman, Stuart J.
dc.date.accessioned 2017-08-24T21:49:19Z
dc.date.available 2017-08-24T21:49:19Z
dc.identifier.uri http://hdl.handle.net/2097/36325
dc.description.abstract This research extends previous literature on the relationship between financial literacy and financial advice seeking in three ways: (1) we examine financial planner use specifically within the context of retirement planning, (2) we incorporate Huston’s (2010) framework of financial literacy, and (3) we use longitudinal data to investigate the initiation, maintenance, and termination of financial planner use. Results from the 2010 and 2012 National Longitudinal Survey of Youth 1979 (NLSY79) show a positive association between the components of financial literacy and financial planner use for retirement planning. en_US
dc.language.iso en_US en_US
dc.rights This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). en_US
dc.rights.uri http://rightsstatements.org/vocab/InC/1.0/
dc.subject Retirement planning en_US
dc.subject Financial planner use en_US
dc.subject Financial advice en_US
dc.title Exploring the Demand for Retirement Planning Advice: The Role of Financial Literacy en_US
dc.type Article (author version) en_US
dc.date.published 2016 en_US
dc.citation.epage 350
dc.citation.issn 1057-0810 en_US
dc.citation.issue 4
dc.citation.jtitle Financial Services Review en_US
dc.citation.spage 331
dc.citation.volume 25
dc.contributor.authoreid mseay en_US
dc.contributor.authoreid sheckman en_US


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This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). Except where otherwise noted, the use of this item is bound by the following: This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).

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