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Retirement Planning, Financial Literacy and Small Business Owners

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Entrepreneurship, Self-Employment and Retirement

Abstract

Retirement planning is a broad concern for individuals and policymakers alike, particularly as a larger proportion of the population is nearing and passing traditional retirement age. In particular, little is known about the financial literacy of small business owners and how they prepare for retirement compared to their waged and salaried counterparts. We use a publicly available panel data set from the United States to examine the retirement savings decisions of self-employed and non-self-employed individuals nearing retirement age.

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© 2015 Tami Gurley-Calvez, Kandice A. Kapinos and Donald Bruce

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Gurley-Calvez, T., Kapinos, K.A., Bruce, D. (2015). Retirement Planning, Financial Literacy and Small Business Owners. In: Sappleton, N., Lourenço, F. (eds) Entrepreneurship, Self-Employment and Retirement. Palgrave Macmillan, London. https://doi.org/10.1057/9781137398390_2

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