RETIREMENT READINESS: UNDERSTANDING FINANCIAL KNOWLEDGE AMONG GOVERNMENT WORKERS IN AHMEDABAD

The purpose of this research project is to better understand the complex relationships that exist between retirement readiness and financial literacy in the particular setting of Ahmedabad government employees. The study has two main goals: first, it will determine how much financial literacy and awareness government workers currently possess; second, it will investigate any possible relationships between their demographic characteristics and attitudes about retirement planning. To ensure a diverse representation of this workforce, the study technique incorporates in-depth interviews with a sample size of 100 government employees in Ahmedabad that was carefully chosen. Throughout the study, emphasis is placed on the need of retirement preparation. Not only is retirement planning seen as a personal financial tactic, but it's also seen as a vital pillar that supports both individual well-being and greater society stability. Given the significant contribution that government workers make to society's ability to function, this recognition is especially important. The study highlights the crucial role that a strong grasp of financial concepts plays in guaranteeing a smooth and happy post-career life as these people go from active duty to retirement. It also clarifies the ways in which prudent retirement planning can reduce monetary uncertainty and enhance retirees' overall economic resilience. The study aims to inform legislation, educational activities, and personal financial goals, all of which are in line with a wider societal perspective. The research intends to provide insights into the qualitative dimensions of financial decision-making among government employees in Ahmedabad by exploring the complexities of financial knowledge and retirement planning. These insights would go beyond statistical correlations.