Investment Decision Behavior Retirement Planning: An Analysis of Overconfidence Bias by Gender
DOI:
https://doi.org/10.17509/jaset.v16i2.70907Keywords:
Investment decision behavior, retirement planning, overconfidence bias, GenderAbstract
The purpose of the study is to determine the effect of gender
moderation which is moderated again by employee status
(PNS and Non PNS Lecturers) on overconfidence bias in
retirement planning. This research is included in the type of
cross sectional research and the method used is the
explanatory method. The research findings are gender and
employee status (civil servant and non-civil servant
lecturers) moderate the effect of overconfidence bias on
retirement planning. If employee status is seen based on
gender, the results do not affect retirement planning. Thus
in making retirement planning, employee status affects
retirement planning but is not determined by gender. This
overconfidence is often stronger based on gender and
employment status. In practical terms, this means that
retirement planning and investment decisions are influenced
by gender, as men and women have different levels of
confidence. This study places the status of lecturers based on
gender in moderating overconfidence bias towards
retirement planning as a novelty in this study.
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