IJARSAI International Journal of Advanced Research Scientific Analysis & Inferences
Volume 2, Issue 1, January-June, 2026
Securing The Future: Retirement Planning Patterns Among Non-Governmental Employees
IJARSAI Int. J. Adv. Res. Sci. Anal. Infer.
Securing The Future: Retirement Planning Patterns Among Non-Governmental Employees
Sonitha C G
Assistant Professor, Department of Commerce
(Self Financing) St. Xavier’s College for Women (Autonomous) Aluva, Ernakulam
Mahatma Gandhi University, Kerala, India
Email: sonithacg28@gmail.com
Dr. Raji Mohan
Assistant Professor, Department of Commerce
St. Xavier’s College for Women (Autonomous)
Aluva Ernakulam
Mahatma Gandhi University Kerala, India
Email: rajimohan@stxaviersaluva.ac.in
The post retirement life of government employees is well secured. So that a study on retirement planning of non-governmental employees becomes relevant. Retirement financial planning is affected by many factors like financial literacy, saving habits, risk taking ability, financial awareness, establishing clear retirement goals etc. hence it is important to understand the factors influencing investment actions of non- governmental employees in retirement planning. And it is equally important to study the demographic variables especially the age group from which non- government employees started planning for retirement. A significant role is played by financial advisors or intermediaries in awaring the individuals about retirement products and services. By thoroughly examining the awareness level of individuals about available retirement planning products and services can be provide guidance on future retirement planning actions. There are hardly any studies done about retirement planning of non-governmental employees as it is a micro level study. So, this paper attempts to study the financial awareness level of non-governmental employees and the various financial retirement instruments and the factors influencing their investment actions and the specific role of financial information in retirement planning. This study will help to know about the financial planning behavior of non-governmental employees. Finding shows that most of the non-government employed respondents are contributing only 1 percent to 5 percent from their current salary to various retirement plans. Results are also revealed that Majority of the non government employed respondents are planning to start for a secured life between the age group of 40years to 50years. About 92 percent of the non-government employed respondents considers retirement plans as a necessity for every individual for their secured life.
Sonitha C G, & Raji Mohan. (2026). Securing The Future: Retirement Planning Patterns Among Non-Governmental Employees. IJARSAI International Journal of Advanced Research Scientific Analysis & Inferences, 02(01), 01–11. https://doi.org/10.5281/zenodo.18512625