Temporal Distance to Retirement and Communication Framing. Enhancing Retirement Financial Decision Making
Posted on:
12/26/12Based on temporal construal theory, the length of time a person has before they reach retirement age will influence how they react to different types of messages. This theory predicts younger workers prefer more abstract communications compared to older workers who should prefer more concrete information because retirement is a distant goal rather than a proximal one. This paper directly tests how positive and negative message framing, goal timeframes, concreteness of the material presented and an individuals' age influences and individual's retirement savings intention.
Researchers
Most Recent Research Postings
Financial Literacy and Subprime Mortgage Delinquency: Evidence from a Survey Matched to Administrative Data
Financial Literacy and Family and Consumer Sciences
Measuring Financial Literacy
Which Matters in Student Loan Default: A Review of the Research Literature
Which Student are More Likely to Experience Financial Socialization Opportunities?
The Student Loan Scandal
The Student Debt Dilemma: Debt Aversion as a Barrier to College Access
The Effect of Loans on Time on Time to Doctorate Degree: Differences by Race/Ethnicity, Field of Study, and Institutional Characteristics
Become a Member
Join financialcorps today to get access to exclusive content, networking community, and inside information to the world of financial literacy.