Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

SAGETRACK

Sign In to gain access to subscriptions and/or personal tools.
Journal of Applied Gerontology
This Article
Right arrow Full Text (PDF)
Right arrow All Versions of this Article:
0733464808328791v1
28/4/504    most recent
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrowRequest Permissions
Right arrow Request Reprints
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via Scopus
Google Scholar
Right arrow Articles by Temple, J. B.
Right arrow Articles by Brandon, P. D.
Social Bookmarking
Add to CiteULike   Add to Complore   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati   Add to Twitter  
What's this?

Demographic Determinants of Necessary Dissaving Among Older Persons

Jeromey B. Temple

Australian National University, Canberra

Peter D. Brandon

Australian National University, Canberra

Because of population aging, many governments are placing greater responsibility on older persons to fund their retirement. Within this context, older persons' financial self-sufficiency during times of stress is important to understand. Using data from the 2002 Australian General Social Survey, this article reports on the prevalence of older persons drawing on financial resources to meet the cost of everyday living expenses when current income is insufficient, identifies the kinds of resources older persons draw on to meet the costs of everyday necessities, and estimates the effects of demographic factors on different necessary dissaving strategies. Results indicate that about 11% of older persons find it necessary to employ some type of dissaving strategy and that the factors associated with asset dissaving differ from the factors associated with liability dissaving. Future research needs to examine the effects of unanticipated events on necessary dissaving and alternative motives for dissaving.

Key Words: dissaving • financial stress • aging • retirement

This version was published on August 1, 2009

Journal of Applied Gerontology, Vol. 28, No. 4, 504-523 (2009)
DOI: 10.1177/0733464808328791
Add to CiteULike CiteULike   Add to Complore Complore   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati   Add to Twitter Twitter    What's this?