Exploring The Nexus Between Family Size Planning and Retirement Planning in Ghana

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Miniatura
Data
2019-12-31
Autores
Dovie, Delali Adjoa
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ISMT
Resumo
The study articulates the perspectives and at-titudes of workers in an attempt to uncover thoughts and ideas in relation to the phenom-ena of family size planning and retirement planning. Use was made of both quantitative and qualitative datasets. The sample [n=442] was selected using a multi-stage sampling technique. The paper finds that there is a link between family planning and retirement plan-ning. The reasons for this nexus encompass the fact that large family sizes may inhibit sav-ing abilities. Further, large family size hinders the ability to save. The ideal family size in this context ranges between 1 and 5. The findings show that family planning positively correlated (0.688) with retirement planning. Stated differently, family size correlates with plan-ning towards retirement to a greater extent. Whereas large family size inhibits retirement planning, small family size facilitates less ex-penditure and better savings, and ensures the availability of financial resources to be chan-neled into retirement plans. These findings reflect a change in thoughts regarding large family size as opposed to small family size. A gradual shift pertains to smaller families with retirement planning in focus. Also, annexed to family planning is social relationship building, both of which have implications for later life planning.
Descrição
Palavras-chave
Family size planning, social relationship building, retirement investments, workers, retirement planning
Citação
Dovie, D. 2019. Explorando o Nexo entre o Planeamento Familiar e o Planeamento da Reforma no Gana. Interações: Sociedade e as novas modernidades. 37 (Dez. 2019), 183-216. DOI:https://doi.org/10.31211/interacoes.n37.2019.a8.