Gender Diffrences in Financial Sources and Perceived Financial Satisfaction Among Older People in Vietnam

Abstract

This paper aims to show diffrences between older men and women in terms of fiancial sources for their living, as well as to examine determinants associated with perceived fiancial satisfaction of older men and women in Vietnam. The Chow tests show that urban and rural older people were not diffrent in perceived fiancial satisfaction, while male and female people clearly were. Two separate logistic regression models for male and female older people were applied to discover determining factors of their perceived fiancial satisfaction. The fidings generally showed that older women usually had lower probability for fiancial satisfaction than did men. Educational level, living area, and fiancial factors for both males and females played signifiant roles in making older people satisfid with their fiancial situations. The paper also indicates that there was a higher probability of fiancial satisfaction for those who received fiancial support from their children. The results also imply that there was no relationship between the work situation of older people and their perceived fiancial satisfaction, although working in later life could help older people increase their income