FACTORS AFFECTING SAVINGS AND INVESTMENT BEHAVIOR FOR RETIREMENT PREPARATION OF GENERATION Y WORKING AGE GROUP IN BANGKOK

Abstract

The study on Factors Affecting Saving and Investment Behavior for Retirement Preparation of Working-Age Generation Y in Bangkok is a quantitative research by collecting questionnaires from the working-age population of Generation Y in Bangkok from the population statistics in Bangkok in 2024, aged between 27-44 years, totaling 400 people. The statistics are frequency, percentage, mean, and standard deviation, and Chi-square analysis. The results of the study found that 1) The sample group has opinions on the factors affecting saving and investment for retirement preparation at a high level. The factor that the sample group has the highest opinions is decision-making factors, followed by liquidity factors, followed by social and economic factors, and return factors. The results of the hypothesis testing found that 1) The factors of average monthly income and the amount of money sufficient for the lifestyle after retirement affect investment behavior for retirement preparation of working-age Generation Y in Bangkok with statistical significance at the 0.05 level. 2) The factors of average monthly income and the appropriate age for saving and investing for retirement preparation the effect on saving behavior for retirement preparation of the working-age group Generation Y in Bangkok is statistically significant at the 0.05 level.