The research project focuses on a quantitative comparative analysis of retirement planning in six European countries (Poland, Czechia, Estonia, Hungary, Bulgaria, Italy). The primary aim is to understand the role of retirement saving within the hierarchy of financial goals, the self-assessment of individual retirement strategies, and the factors influencing these assessments. The key research questions address the significance of retirement saving compared to other financial goals, the self-assessment of retirement plans, and the influence of factors such as financial literacy, market experience, demographic characteristics, and pension system incentives.
The study utilizes OECD/INFE data, enabling advanced econometric analysis (discrete variable models) and statistical analysis (factor analyses, descriptive analyses, significance tests). It examines the determinants of inequalities in retirement planning and their impact on resource accumulation, a critical issue in the context of aging populations and declining replacement rates in public systems.
The project fills a research gap by providing a multidimensional analysis that integrates economic, psychological, and demographic perspectives. The comparison of six countries contextualizes the findings internationally, enhancing their publication potential and practical relevance. The study also supports the goals of the Year of Economic Education in Poland by highlighting the importance of financial education in effective retirement planning. The results will serve as a foundation for further grant applications and presentations at international conferences.