This study used data from the 2018 National Financial Capability Study to investigate the association between financial hardship and retirement planning behaviors. Results from logistic regressions showed that respondents with high difficulty making ends meet were more likely to calculate retirement needs and more likely to own a non-employer sponsored retirement plan. The perceived over-indebtedness was positively associated with owning an employer-sponsored account while negatively associated with owning a non-employer-sponsored account. Financial fragility was associated with a lower likelihood of calculating retirement needs and having a retirement account. The results of additional generational analyses revealed that the difficulty making ends meet and the perceived over-indebtedness showed different patterns with retirement planning behavior across three generations. In contrast, financial fragility showed consistent and negative associations with the retirement planning behaviors across generations.

本研究使用 2018 年国家财务能力研究的数据来调查财务困难与退休计划行为之间的关联。逻辑回归结果显示，入不敷出的受访者更有可能计算退休需求，更有可能拥有非雇主赞助的退休计划。过度负债与拥有雇主赞助的账户呈正相关，而与拥有非雇主赞助的账户呈负相关。财务脆弱性与计算退休需求和拥有退休账户的可能性较低有关。其他代际分析的结果显示，难以维持生计和感知的过度负债在三代人的退休计划行为中表现出不同的模式。相比之下，财务脆弱性与几代人的退休计划行为呈现出一致的负相关关系。