Business, Management and Accounting
4 years ago

Working Women in Bengaluru Face Retirement Planning Challenges Due to Financial Literacy

Indian Journal of Commerce & Management Studies
An Exploratory Study on the Factors Affecting Retirement Planning among Working Women in the City of Bengaluru
T. S. Shobha, P. Amrutha

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Retirement planning is crucial for women's financial well-being, but many struggle to prepare for life after work. A study in Bengaluru looked at how factors like age, income, and financial literacy affect women's retirement planning. They found that these factors, along with attitudes towards retirement and risk tolerance, play a big role in how women save for the future. This research is unique in India and aims to help women better plan and invest for their retirement needs.