Lifestyle as a predictor of socio-economic status in retirement :

Mwosi, Fabian; Edaku, Charles; Mirembe, Robina; Eton, Marus

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dc.contributor.author	Mwosi, Fabian
dc.contributor.author	Edaku, Charles
dc.contributor.author	Mirembe, Robina
dc.contributor.author	Eton, Marus
dc.date.accessioned	2024-04-17T09:07:00Z
dc.date.available	2024-04-17T09:07:00Z
dc.date.issued	2022
dc.identifier.citation	Fabian, M., Charles, E, Robina, M., & Marus, E. (2022). Lifestyle as a Predictor of Socio-Economic Status in Retirement: Evidence from Pensioners from the Busoga Sub-Region, Uganda. Society & Sustainability 4 (1), 43-54. https://doi.org/10.38157/ss.v4i1.414.	en_US
dc.identifier.uri	https://pub.nkumbauniversity.ac.ug/xmlui/handle/123456789/1025
dc.description	School of Social Sciences, Department of Political and Social Studies, Nkumba University	en_US
dc.description.abstract	Most studies on retirement planning focus on preserving money and accumulating wealth and ignore the lifestyles of individual employees. This study promotes a discussion on lifestyle as a predictor of socio economic status in retirement. Based on 236 pensioners from the Busoga sub-region, we used ‘the way of living’ to indicate lifestyle. We used household expenditure, access to healthcare, and housing quality to indicate socio-economic status. We used descriptive measures to report on lifestyle and Spearman’s correlation coefficient to document the relationship between workers’ lifestyle and socio-economic status in retirement. Strong attachments to family and intimate relations during one’s working life predict a satisfying retirement life. Civil servants who avoid harmful substances and exercise regularly are likely to retire in good health. There is a moderate and significant association between lifestyle and socio-economic status among civil servants in Uganda. Supervisors and human resource officers in government agencies and departments should conduct regular workshops to help government workers build strong attachments to their families, friends, social groups, and communities. We provide a solid foundation for working individuals to always reflect on the quality of their relations with their families, friends, social groups, and communities. This study contributes to the retirement planning research by shifting the focus to lifestyle, arguing that all forms of saving and financial planning for the future hinge on an individual worker’s lifestyle.	en_US
dc.language.iso	en	en_US
dc.publisher	y Research & Innovation Initiative Inc	en_US
dc.subject	Lifestyle	en_US
dc.subject	Retirement planning	en_US
dc.subject	Socio-economic status	en_US
dc.subject	Uganda	en_US
dc.title	Lifestyle as a predictor of socio-economic status in retirement :	en_US
dc.type	Article	en_US