TY - JOUR T1 - The Association Between Retiree Migration and Retirement Satisfaction JF - Journal of Financial Counseling and Planning Y1 - Forthcoming A1 - Pearson, Blain M. A1 - Charlene M. Kalenkoski KW - Migration KW - Retirement KW - retirement satisfaction AB - The purpose of this study is to examine migration during retirement and its association with retirement satisfaction. Utilizing longitudinal data collected from the Health and Retirement Study, this study estimates a fixed effects logit model to examine how changing U.S. Census divisions during retirement is related to retirement satisfaction. The findings suggest that a change in residential location during retirement is associated with an increase in retirement satisfaction. In planning for retirement, individuals should examine what will provide them with the highest level of satisfaction during their retirement and whether their current location can facilitate an enjoyable retirement. Financial planners and counselors should also consider, as a part of their systemic retirement planning process, increasing the attention that is given to the residential location in which their clients will reside during retirement. ER - TY - JOUR T1 - Comparative Advantage in the Household: Should One Person Specialize in a Household’s Financial Matters? JF - Journal of Family and Economic Issues Y1 - Forthcoming A1 - Pearson, Blain M. A1 - Korankye, Thomas A1 - Salehi, Hossein KW - financial satisfaction KW - Household economics KW - Household finances KW - Household specialization AB - This study examines if households experience utility gains by selecting one of its members to specialize in its financial management. Utilizing data that are collected from the Health and Retirement Study, a variable measuring households’ level of financial specialization (HFS) is first constructed. The HFS variable is examined for its association with household utility, measured in this study as financial satisfaction, income satisfaction, and life satisfaction. The evidence provided strongly indicates that a household that selects one of its members to specialize in its financial management experiences utility gains. ER - TY - JOUR T1 - Retirees, Financial Planning Horizon, and Retirement Satisfaction JF - Financial Planning Research Journal Y1 - Forthcoming A1 - Pearson, Blain M. A1 - Lacombe, Donald KW - Financial planning KW - Retirement KW - retirement satisfaction AB - This study examines the association between retiree financial planning horizon and retirement satisfaction using longitudinal data collected from the Health and Retirement Study. The results indicate that retirees with longterm financial planning horizons, compared to retirees with short-term financial planning horizons, are more likely to be very satisfied with their retirement. The findings and ensuing discussion highlight the need for long-term financial planning during retirement and the need for financial planners to regularly engage in financial planning throughout their clients’ retirement. UR - https://www.researchgate.net/publication/363486850_Retirees_Financial_Planning_Horizon_and_Retirement_Satisfaction ER - TY - JOUR T1 - Personality Traits, Consumer Home Value, and Mortgage Debt JF - Journal of Financial Counseling and Planning Y1 - 2023 A1 - Pearson, Blain M. A1 - Quadria, Taufiq Hasan A1 - Asebedo, Sarah AB - Research on residential preferences has consistently orbited around their been correlation with economic and social factors. This study builds on the existing literature by investigating the personality characteristics that shape residential behavior. The specific objective is to examine the Big Five personality traits (OCEAN) —openness, conscientiousness, extraversion, agreeableness, and neuroticism—and their relationship with the value of individuals’ primary residences and mortgage debt using data collected from the Health and Retirement Study. Regression models are estimated to examine the associations between the OCEAN personality traits and home value and mortgage debt. The findings reveal the following associations: openness and conscientiousness are associated positively, and agreeableness is associated negatively, with larger home values; whereas openness and agreeableness are associated positively, and conscientiousness and neuroticism are associated negatively, with larger mortgage debts. © 2023 Association for Financial Counseling and Planning Education®. VL - 34 UR - https://www.scopus.com/inward/record.uri?eid=2-s2.0-85159658891&doi=10.1891%2fJFCP-2021-0006&partnerID=40&md5=6aa37bc0f19ec5c85286c8313ab03c30 N1 - Cited by: 0 ER -