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Does Denomination Influence Pastors’ Readiness for Retirement? Evidence From Southern California Pastors

Year: 2024

Type: article

Abstract: This study explores retirement issues among pastors. Recent studies indicate that many pastors work past retirement age due to financial unpreparedness. We examine whether retirement preparedness and job satisfaction vary by denomination. We focus on three key retirement concerns: retirement comfort, overall job satisfaction, and financial satisfaction. Using survey data from Southern California pastors, we find that Methodist pastors are more prepared for retirement compared to others, while Presbyterian pastors are less content with their roles than other denominations. However, denomination does not significantly affect the financial satisfaction of pastors.

Source: Journal of Accounting and Finance

DOI: 10.33423/jaf.v24i4.7233

Authors: Seongcheol Paeng, Daniel Park

Institutions: Shawnee State University, Azusa Pacific University

Language: English

Topic: Retirement, Disability, and Employment

Subfield: Demography

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: bronze

OpenAlex ID: W4402852087

FWCI:

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