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Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions

Authors: Oguntodu James .A , ALALADE Samson , & OGBEBOR Peter

Publication Type: Journal article

Journal: Solid State Technology

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Abstract

Abstract— Life after retirement is what many employees look forward to. However, the
dependent on government pension scheme has failed majority of the senior citizen overtime
hence the need for complementary source of fund to keep the future safe. Most studies on
retirees were generalized on workers but not potential retirees that are lecturers in Nigeria.
The study was carried out to determine the impact of bond investment on the retirement
investment goals of steady income stream of potential retirees in Nigeria academia. The study
adopted survey research design. The population of the study was 5,805 lecturers for both
public and private tertiary institutions that were Universities and Polytechnics. A sample of
487 which was determined using Taro Yamane formula was used. Validated questionnaire
was used in collecting primary data with Cronbach’s alpha reliability coefficients ranged
from 0.70 to 0.75. The study recorded retrieval rate of 83.4%. The study adopted descriptive
and inferential statistics for data analysis. The study showed that Bond Investment had
significant effect on future sustainability of potential retirees that are lecturers because the
result showed that there was a significant relationship between Bond investment and
retirement investment goals (?1 = 0.529, R2 = 22.4%, p< 0> Bond Investment lead to future sustainability of potential retirees that are lecturers and
equally recommended that government should encourage every individual to map out means
to invest in financial asset in addition to the pension scheme to aid sustainability of every
employee.

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Oguntodu,J. ALALADE,S. OGBEBOR,P. . (2020). Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions, 63 (), 11197-11197.

Oguntodu,J. ALALADE,S. OGBEBOR,P. . "Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions" 63, no (), (2020): 11197-11197.

Oguntodu,J. and ALALADE,S. and OGBEBOR,P. and . (2020). Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions, 63 (), pp11197-11197.

OguntoduJ, ALALADES, OGBEBORP, . Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions. 2020, 63 ():11197-11197.

Oguntodu,James .A , ALALADE,Samson , and OGBEBOR,Peter . "Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions", 63 . (2020) : 11197-11197.

O.James .A A.Samson & O.Peter , "Bond Investment and Future Sustainability of Potential Retirees among Nigerian Academics in Selected Tertiary Institutions" vol.63, no., pp. 11197-11197, 2020.

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