Financial education for retirement in postgraduate students at the College of Postgraduates
DOI:
https://doi.org/10.58299/mica.v8i16.103Keywords:
savings, financial education, retirement, pensions, planningAbstract
In Mexico, the individual account system managed by AFORE requires young people to take responsibility for their retirement savings, which is a relevant background given the low level of retirement planning reported in recent studies. The identified problem is the limited retirement preparedness among graduate students. The objective was to analyze the relationship between financial education and retirement behavior. A quantitative and descriptive study was conducted, using primary source data, a non-experimental and cross-sectional design; a structured questionnaire was administered to a sample of 41 students. The analysis used descriptive statistics and indices of knowledge and pension behavior. The results show intermediate knowledge about the pension system among students, but low participation in pension-related practices, especially in voluntary contributions. It is concluded that financial education does not guarantee pension actions without favorable economic and institutional conditions.
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