Thesis Bachelor of Science in Business Administration Major in Financial Management University of Rizal System 2025

Retirement is a major life milestone that demands serious planning and preparation. Despite this, a lot of employees nearing retirement encounter challenges and uncertainty about their finances and general welfare. This
research investigates the financial retirement readiness of government' employees in Binangonan, Rizal. Although recent studies by De los Santos et al.
(2019) and De Los Reyes and Lausa (2019) focus on financial happiness and extensively investigate preparedness along several dimensions, there is still a wide gap in research on the financial retirement readiness of government employees, particularly in Binangonan, Rizal, This study aims to fill this gap by examining the factors that influence retirement readiness and identifying the common preparations undertaken by government employees as they approach retirement within the next five years.
Using a descriptive research approach, the study surveyed 100 government employees in Calumpang Binangonan, Rizal, allowing an in-depth analysis of their financial retirement readiness. This method provided valuable insights into the unique challenges faced by government employees and the strategies they employ to secure their future. This study will assess their financial, emotional, and physical readiness for retirement, emphasizing the importance of holistic preparation.
The study found that the majority of government employees preparing for retirement were female and married. Most respondents reported earnings
between 10,001 and 20,000 pesos per month and having served for 10 to 15 years. Most of them have business and maintain savings accounts.
The findings revealed significant differences in financial readiness among
government employees, influenced by factors such as age, sex, other sources of income, average monthly income, and type of investment owned. Regarding emotional readiness, the analysis indicated that only other sources of income demonstrated a significant difference. In terms of physical readiness, both other
sources
of income and types of investment owned showed significant
differences. It emphasizes how financial, emotional, and physical readiness are
closely linked. A strong financial foundation provides economic stability, strengthens psychological resilience, and supports physical well-being, ensuring employees have the resources needed for a secure and fulfilling retirement.
The researchers recommended for retirees include developing tailored financial literacy workshops, offering holistic pre-retirement programs that integrate physical and emotional wellness, joining mentorship initiatives to bridge generational expertise, and conducting regular assessments and resilience training to align retirement preparedness with career goals.