PERSONAL FINANCIAL PLANNING FOR RETIREMENT: A CASE STUDY OF THA SAI HOUSING COMMUNITY, BANGKOK

Abstract

The objectives of this study were as follows: 1) to study people financial planning for retirement of people at Tha Sai Housing Community, Bangkok and 2) to compare people financial planning for retirement of people at Tha Sai Housing Community, Bangkok as classified by individual attributes. A survey research method was employed using questionnaires as a research instrument to collect the data. The samples used in this study comprised of 372 persons of Tha Sai Housing Community, Bangkok. Data was analyzed using descriptive and inferential statistics techniques. The research results were summarized as follows: 1) In an overall, people financial planning for retirement of people at Tha Sai Housing Community, Bangkok, were at medium level. In details, the highest average of components of people financial planning for retirement was Goal, followed by Role, Plan Creation, Data Collection, Follow and Improve Plan, and Plan implementation, respectively. 2) The results of the hypothesis testing reveal that in overall, people of Tha Sai Housing Community, Bangkok, who having different levels of age, levels of education and levels of income per month, had different levels of people financial planning for retirement.