Financial environment is becoming more complex and competitive in this present digital environment. The introduction of contribution-based pension system lifted the role of individual in determining his retirement opportunities. Appropriate financial planning, saving, investment and financial knowledge are essential to overcome financial anxiety and maintaining financial harmony. Financial anxiety and stress hinder the ability to make adequate financial decisions. In this paper, the authors took a different approach by conducting an in-depth study of senior citizens in Kerala who worked in the unorganized sectors during their working ages and attempted to identify their financial anxiety and stress in old age, as well as their financial attitudes during their younger years. A judgmental sampling technique was adopted to select the most appropriate respondents. The study concludes by emphasizing on the importance of maintaining a customised approach to mitigate the negative effects of financial anxiety and dissatisfaction across generations.
T.N et al. (Sat,) studied this question.