Scale name: Friend/Colleague Support for Retirement Savings
Description: This 2-item scale is designed to assess individuals’ perceptions of the extent to which their friends and colleagues support their efforts to save for retirement.
Source: Hershey, D. A., Henkens, K., & Van Dalen, H. P. (2010). Aging and financial planning for retirement: Interdisciplinary influences viewed through a cross-cultural lens. International Journal of Aging and Human Development, 70, 1-38. doi: 10.2190/AG.70.1.a
Cronbach's alpha: 0.67
Response format: Likert-type response format (1 = strongly disagree; 5 = strongly agree)
Instructions: Choose one number for each item that indicates how well the statement represents you or describes your opinion.
1. My friends believe that saving for retirement is important.
2.The people I work with believe it is important to save for retirement.