Financial Planning for Retirement: The Moderating Role of Government Policy

The objective of this study is to examine the role financial self-efficacy (FSE), retirement goal clarity (RGC), and government policy (GP) on planning for (FPR) behavior public university employees based CWO model retirement. Also, moderating GP relationship between FSE, RGC, FPR. Primary data was gathered during COVID-19 pandemic from mid-July 2020 until end January 2021 using a non-probability convenience sampling approach involving 525 respondents. were analyzed Structural Equation Modelling (SEM) technique. Confirmatory Tetrad Analysis method (CTA-PLS) used determine formative/reflective type variables. results directly show significant impact Indirectly, those with clear goal, perceived moderates its Previous research has examined FSE RGC in FPR without considering effect GP.