ORCID
Patrycja Kowalczyk-Rólczyńska: 0000-0002-7952-7678
Magdalena Swacha-Lech: 0000-0003-0129-2968
Łukasz Jurek: 0000-0002-0078-471X
Keywords
pension system, retirement intentions, personal characteristics, logit regression
Abstract
Retirement intentions depend on a number of different factors. The aim of this paper is to assess the impact of personal characteristics on the willingness to retire as soon as possible among older workers in Poland. The data were collected through a CAWI survey conducted in 2021 among a representative sample of workers aged 50 and over. Statistical analysis was based on logit model. Identified predictors are: age, education, fear about the financial situation in retirement, the use of free time after retirement, and lack time to pursue passions due to work. Those results provide suggestions for strengthening active ageing policy in Poland. There is a clear need for policymakers to pay more attention to reconciling work and private life and to preparing citizens for old age.
Acknowledgments
Funding
The research received no funds.
Declaration of Conflicting Interests
The author declared no potential conflicts of interest with respect to the research, authorship, and publication of the article.
Declaration about the scope of AI utilization
The authors did not use an AI tool in the preparation of the article
Recommended Citation
Kowalczyk-Rólczyńska, P., Swacha-Lech, M., & Jurek, Ł. (2025). Personal Characteristics and Retirement Intentions (Empirical Evidence From Poland). Journal of Banking and Financial Economics, 2025(1), 83-94. https://doi.org/10.7172/2353-6845.jbfe.2025.1.6
First Page
83
Last Page
94
Page Count
12
Received Date
15.12.2024
Revised Date
18.03.2025
Accept Date
24.03.2025
Online Available Date
15.05.2025
DOI
10.7172/2353-6845.jbfe.2025.1.6
JEL Code
J21; J26; J28
Publisher
University of Warsaw
