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Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University
A thesis submitted to the Department of Accounting and Finance, Kwame Nkrumah University of Science and Technology, School of Business in partial fulfillment for the award of Master of Science in Accounting and Finance
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| Format: | Thesis |
| Language: | English |
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knust
2025
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| _version_ | 1869483612780363776 |
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| access_status_str | Open Access |
| author | AMOAKO BOAKYE SAMUEL |
| author_browse | AMOAKO BOAKYE SAMUEL |
| author_facet | AMOAKO BOAKYE SAMUEL |
| author_sort | AMOAKO BOAKYE SAMUEL |
| collection | Thesis |
| description | A thesis submitted to the Department of Accounting and Finance, Kwame Nkrumah University of Science and Technology, School of Business in partial fulfillment for the award of Master of Science in Accounting and Finance |
| format | Thesis |
| id | oai:ir.knust.edu.gh:123456789/16085 |
| institution | KNUST (Ghana) |
| language | English |
| last_indexed | 2026-07-01T04:01:46.433Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | knust |
| publisherStr | knust |
| record_format | dspace |
| source_str | KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| spelling | oai:ir.knust.edu.gh:123456789/16085 Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University AMOAKO BOAKYE SAMUEL A thesis submitted to the Department of Accounting and Finance, Kwame Nkrumah University of Science and Technology, School of Business in partial fulfillment for the award of Master of Science in Accounting and Finance The main objective of the study was to assess the financial literacy and retirement preparedness of this study was to examine the effect of financial literacy on retirement planning among workers in the Takoradi Technical University of Ghana. The study adopted quantitative research approach. The main populations would comprise the workers at the Workers at Takoradi Technical University. Primary data was the main source of data for the study. Structured questionnaires were used to obtain primary data. SPSS version 23 was utilized for the data analyses. The study found a significant difference between respondent’s financial knowledge and having a retirement plan. There was significant difference between respondent’s household expenses and having a retirement plan. This suggests that decision to have retirement plan rather varies on house hold expenses. There was significant no difference between having bank account and having a retirement plan. There was significant difference between number of time respondents reconcile their bank activities and having a retirement plan. There was significant no difference between having personal budget and having a retirement plan. The study found no significant difference between respondent’s gender and having a retirement plan. The study concludes that public universities workers have working knowledge on financial literacy which could be enhanced. The study therefore recommends that the university’s workers should be educated through workshops/seminars to enhance their academic curriculum financial literacy in their current financial status. The level of workers knowledge on finances was moderately low as noticed from the study’s results, which restricts them from taking critical financial decisions. The university must assist workers in acquiring foundational skills that will improve on their financial wellbeing and hence financial literacy education must be treated as a dynamic construct. 2025-01-28T09:43:21Z 2025-01-28T09:43:21Z 2020 Thesis https://ir.knust.edu.gh/handle/123456789/16085 en application/pdf knust |
| spellingShingle | AMOAKO BOAKYE SAMUEL Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title | Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title_full | Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title_fullStr | Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title_full_unstemmed | Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title_short | Financial literacy and retirement preparedness: a case study of workers at Takoradi Technical University |
| title_sort | financial literacy and retirement preparedness a case study of workers at takoradi technical university |
| url | https://ir.knust.edu.gh/handle/123456789/16085 |
| work_keys_str_mv | AT amoakoboakyesamuel financialliteracyandretirementpreparednessacasestudyofworkersattakoraditechnicaluniversity |