标题：Perception about social and financial issues of life after retirement: A case study of academic staff of public sector universities in Lahore Pakistan
摘要：Abstract The aim of the study was to understand the effect of social and financial issues on life after retirement of academic staff of public sector universities. Detailed questionnaire was developed and used to collect primary data from a sample of 254 academic staff of public sector universities using convenient sampling method. This is the first ever study on retirement issues and planning by academic staff of public sector universities in Pakistan. Descriptive analysis was used to study the demographics, their liking and preferences on investment avenue selection, retirement goals, and investment objectives of academic staff. The components of social and financial issues of life after retirement were also identified through factor analysis. The major components that explained 61.06% of variance in financial issues of life after retirement were: goals clarity, optimism, provisions, anticipation and preparation, investment beliefs, future position, and proximity. Whereas, the major components that explained 64.835% variation in social issues of retirement of academic staff were: retirement roles, depression, financial worries, adjustment, economic trends, prediction, expectations, changes in life responsibilities, and financial advice. Whereas, the major components that explained 52.546% variation in post-retirement planning of academic staff were: planning, training, confidence. Group differences were tested through T-Test and ANOVA between different elements of demographics with social and financial factors. Regression analysis revealed that financial issues have more influence on post-retirement planning. Gold, costly metals, and investment in real estate were found to be most preferred investment avenues.
