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Abstract:
Retirement
planning now is a main concern for many people and increasingly more important
for day the day. Retirement planning is a person's behavior to prepare his
finances condition when facing retirement. The importance of Retirement
Planning Behavior and factors that influence it, attract the researcher to
study the topic of within influences of Financial Literacy, Future Orientation
and Saving Attitudes towards Retirement Planning Behavior. This research is a
quantitative research that uses questionnaires as data source. Questionnaires
were distributed to as many as 198 respondents who were residents of Surabaya,
Sidoarjo and Gresik. Questionnaires of this study were measured using a Likert
scale, and hypothesis proving with path analysis from Smart-PLS program. The
results showed that each of Financial Literacy, Future Orientation and Saving
Attitudes, had a positive and significant effect on Retirement Planning
Behavior. Financial Literacy has no significant effect on Future Planning, and
other findings indicate that Future Orientation has a positive and significant
effect on Saving Attitudes and Retirement Planning Behavior. Saving attitude
does not mediate the relationship between Financial Literacy and Retirement
Planning Behavior, but Saving Attitude has a partial mediating role in
relationship between Future Orientation and Retirement Planning Behavior.
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