Document Type
Thesis - University Access Only
Award Date
2002
Degree Name
Doctor of Philosophy (PhD)
Department / School
Sociology and Rural Studies
Abstract
One hundred and twelve farm and ranch operator couples completed surveys that were used to discover their level of retirement preparation. Retirement preparation was conceptualized as consisting of three activities: retirement planning, retirement savings level and retirement investments level. A dyadic or couple locus of control was hypothesized to be related to increased levels of retirement preparation activities. Although the couples in this study had plans to use assets, including business assets to fund their retirement, households were found to have participated in few retirement planning activities and to have low levels of savings earmarked for retirement. The dyadic locus of control was found unrelated to any of the three components of retirement preparation while the household financial manager's locus of control was found to be related to the household's level of planning and savings for retirement. Implications for educators, practitioners and the farm and ranch audience are discussed.
Library of Congress Subject Headings
Retirement -- Planning Farmers -- Retirement -- North Dakota Farmers -- Retirement -- South Dakota Ranchers -- Retirement -- North Dakota Ranchers -- Retirement -- South Dakota Finance, Personal
Format
application/pdf
Number of Pages
217
Publisher
South Dakota State University
Recommended Citation
Pankow, Debra, "Retirement Preparation of the North and South Dakota Farm/Ranch Household" (2002). Electronic Theses and Dissertations. 935.
https://openprairie.sdstate.edu/etd2/935