Scale name: Retirement Planning Metacognitions
Description: The retirement planning metacognition scale is designed to tap individuals’ self-perceptions of competence when it comes to thinking about and planning for retirement.
Source: Kiso, H, & Hershey, D. A. (2017). Working adults’ metacognitions regarding financial planning for retirement. Work, Aging, and Retirement, 3(1), 77-88. doi: 10.1093/workar/waw021
Cronbach's alpha: 0.88
Response format: Likert-type response format (1 = strongly disagree; 5 = strongly agree)
Instructions: Using the five-point scale below, please indicate the extent to which you agree or disagree with each of the following statements.
1. I feel like it’s harder for me to think about retirement planning than it is for other people.
2. I find that I often postpone thinking about financial planning for retirement.
3. I feel overwhelmed by the thought of financial planning for retirement.
4. When doing financial planning for retirement, it’s easy for me to get mixed up and confused.
5. I hate the idea of thinking about financial planning for retirement.