Retirement Planning in an Emerging Market: a Cluster Analysis of Chinese Seniors’ Attitudes and Behaviors

The current study aimed to gain better understanding of Chinese seniors’ attitudes and behaviors with respect to provision for their retirement. The data was based on a national sample of the 20,000 Chinese seniors, aged 60 and over, collected from June 1, 2005 to June 1, 2006 in 20 provinces and metropolitan areas. The results of the current study showed that Chinese seniors’ attitudinal and behavioral traits are relevant to the classification with regard to their retirement preparedness. Each different group of seniors may raise different key issues in meeting their needs for retirement management.



Citation:

Yi Cai and Yali Yang (2011) ,"Retirement Planning in an Emerging Market: a Cluster Analysis of Chinese Seniors’ Attitudes and Behaviors", in AP - Asia-Pacific Advances in Consumer Research Volume 9, eds. Zhihong Yi, Jing Jian Xiao, and June Cotte and Linda Price, Duluth, MN : Association for Consumer Research, Pages: .

Authors

Yi Cai, Cal State Northridge, USA
Yali Yang



Volume

AP - Asia-Pacific Advances in Consumer Research Volume 9 | 2011



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