Financial planning factors of accounting professionals in Lampang Province affect retirement savings

Abstract

This research aims to investigate the financial planning factors affecting retirement savings among accounting professionals in Lampang Province. The specific objectives are to (1) analyze the relationship between financial planning factors and retirement savings, (2) compare perceptions of financial planning factors among groups with different demographic characteristics, and (3) identify key financial planning factors influencing retirement savings. A quantitative approach was employed, using online questionnaires distributed to 230 accounting professionals, representing 48.63% of the population. Data were analyzed using descriptive statistics, T-tests, and ANOVA to test hypotheses. The findings indicate that financial management behavior and risk management behavior significantly influence retirement savings (p < 0.01), whereas savings planning behavior has a moderate impact (p < 0.05). The study recommends that government agencies implement educational programs to promote financial planning and risk management, as well as long-term savings strategies, to enhance the financial security of accounting professionals after retirement.