Financial Planning Strategies towards Retirement as Perceived by Potential Retirees in Universities in the Niger Delta, Nigeria
DR. (Mrs.) ANNA ONOYASE

Abstract
The research examined the perception of potential retirees on Financial Planning Strategies towards retirement in Universities in the Niger Delta. Five research questions and five hypotheses were formulated to guide the study. The instrument used for data collection was a self-designed questionnaire tagged “Financial Planning Strategies towards Retirement Questionnaire” (FPSTRQ) and it had a reliability coefficient of 0.84. The sample consisted of 227 lecturers randomly chosen from five universities. The Z – test statistics was utilized to test the hypotheses at 0.05 level of significance and the findings indicated that there were no significant differences between lecturers in their perception of the use of fixed deposit account, cooperative societies, investment in shares and the New Contributory Pension Scheme as financial planning strategies towards retirement. But there was significant difference between lecturers in the perception of the use of personal savings account as a financial planning strategy towards retirement. Based on the findings, some recommendations were proffered.

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