What question did this study set out to answer?

To compare savings and investment patterns between salaried employees and business persons to enhance financial planning for early retirement.

June 20, 2026INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS0 citationsOpen Access

Savings, Investment Patterns, And Financial Planning for Early Retirement and Wealth Creation: A Comparative Study Between Salaried Employees and Business Persons, Case Study of Ranchi District

SKShivam Kumar DTDr. Jyoti Ignace Tete DKDr. Ajay Kumar

Key Points

To compare savings and investment patterns between salaried employees and business persons to enhance financial planning for early retirement.
Comparative analysis between two distinct groups: salaried employees and business persons.
Focus on financial behaviors and strategies used by each group.
Assessment of the impact of these behaviors on wealth creation and planning for early retirement.
Identified distinct differences in savings rates between salaried employees and business persons.
Business persons generally exhibited more aggressive investment strategies, leading to higher wealth accumulation.
Salaried employees showed a preference for traditional savings methods, impacting their financial planning outcomes.

Abstract

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