An Application On Evaluation Of Fund Selection Criteria In The Individual Retirement System (IRS) With Multi-Criteria Decision-Making Methods

Huriye Akpınar

Makale detayları

An Application On Evaluation Of Fund Selection Criteria In The Individual Retirement System (IRS) With Multi-Criteria Decision-Making Methods

Yazarlar:

Huriye Akpınar

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

İzmir İktisat Dergisi Vol.40 Issue 3, pp.752-769

Belge Tipi:

Makale

Yayın Tarihi:

7/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001354208

pISSN:

1308-8505

Anahtar kelimeler:

Özet:

 Investing involves allocating current financial resources with the expectation of generating future returns. The primary goal of investing is to grow wealth, ensure financial security, and achieve specific financial objectives such as retirement savings. There are various types of investments, including stocks, bonds, mutual funds, and real estate, each with a risk and return profile. Effective investment strategies often involve diversification to mitigate risk and maximize returns. Within retirement planning, the Individual Retirement System IRS plays a crucial role. The IRS allows individuals to contribute a portion of their income into retirement accounts, which are then invested in various financial instruments. This system provides a structured approach to retirement savings, offering flexibility and significant tax advantages. The selection of appropriate funds within these accounts is vital to ensuring optimal growth and security of retirement savings. This study aims to evaluate the criteria affecting fund selection in BES using two important multi-criteria decision-making methods: Analytical Hierarchy Process AHP and Analytical Network Process ANP. By applying AHP and ANP, the study defines the effects of basic factors such as risk tolerance, liquidity, fund performance, and diversification on fund selection in BES and evaluates their impact levels. The study aims to increase investment decisions soundness and reliability and help individuals make informed choices compatible with their financial goals and risk preferences. At the end of the study, the impact levels of the criteria affecting fund selection were calculated, and the results were interpreted.

 Investing involves allocating current financial resources with the expectation of generating future returns. The primary goal of investing is to grow wealth, ensure financial security, and achieve specific financial objectives such as retirement savings. There are various types of investments, including stocks, bonds, mutual funds, and real estate, each with a risk and return profile. Effective investment strategies often involve diversification to mitigate risk and maximize returns. Within retirement planning, the Individual Retirement System IRS plays a crucial role. The IRS allows individuals to contribute a portion of their income into retirement accounts, which are then invested in various financial instruments. This system provides a structured approach to retirement savings, offering flexibility and significant tax advantages. The selection of appropriate funds within these accounts is vital to ensuring optimal growth and security of retirement savings. This study aims to evaluate the criteria affecting fund selection in BES using two important multi-criteria decision-making methods: Analytical Hierarchy Process AHP and Analytical Network Process ANP. By applying AHP and ANP, the study defines the effects of basic factors such as risk tolerance, liquidity, fund performance, and diversification on fund selection in BES and evaluates their impact levels. The study aims to increase investment decisions soundness and reliability and help individuals make informed choices compatible with their financial goals and risk preferences. At the end of the study, the impact levels of the criteria affecting fund selection were calculated, and the results were interpreted.

 Investing involves allocating current financial resources with the expectation of generating future returns. The primary goal of investing is to grow wealth, ensure financial security, and achieve specific financial objectives such as retirement savings. There are various types of investments, including stocks, bonds, mutual funds, and real estate, each with a risk and return profile. Effective investment strategies often involve diversification to mitigate risk and maximize returns. Within retirement planning, the Individual Retirement System IRS plays a crucial role. The IRS allows individuals to contribute a portion of their income into retirement accounts, which are then invested in various financial instruments. This system provides a structured approach to retirement savings, offering flexibility and significant tax advantages. The selection of appropriate funds within these accounts is vital to ensuring optimal growth and security of retirement savings. This study aims to evaluate the criteria affecting fund selection in BES using two important multi-criteria decision-making methods: Analytical Hierarchy Process AHP and Analytical Network Process ANP. By applying AHP and ANP, the study defines the effects of basic factors such as risk tolerance, liquidity, fund performance, and diversification on fund selection in BES and evaluates their impact levels. The study aims to increase investment decisions soundness and reliability and help individuals make informed choices compatible with their financial goals and risk preferences. At the end of the study, the impact levels of the criteria affecting fund selection were calculated, and the results were interpreted.

 Yatırım, mevcut finansal kaynakların gelecekte getiri elde etme beklentisiyle tahsis edilmesini anlamına gelir. Yatırımın temel amacı serveti artırmak, finansal güvenliği sağlamak ve emeklilik tasarrufları gibi belirli finansal hedeflere ulaşmaktır. Hisse senetleri, tahviller, yatırım fonları ve gayrimenkul dahil olmak üzere her birinin kendi risk ve getiri profili olan çeşitli yatırım türleri vardır. Etkili yatırım stratejileri genellikle riski azaltmak ve getirileri en üst düzeye çıkarmak için çeşitlendirmeyi içerir. Emeklilik planlaması alanında Bireysel Emeklilik Sistemi BES önemli bir rol oynamaktadır. BES, bireylerin gelirlerinin bir kısmını emeklilik hesaplarına yatırmalarına ve daha sonra bu hesapları çeşitli finansal araçlara yatırmalarına olanak tanır. Bu sistem emeklilik tasarruflarına yapısal bir yaklaşım sunarak esneklik ve önemli vergi avantajları sunar. Bu hesaplardaki uygun fonların seçimi, optimal büyümenin ve emeklilik tasarruflarının güvenliğinin sağlanması açısından hayati öneme sahiptir. Bu çalışma, BESde fon seçimini etkileyen kriterleri iki önemli çok kriterli karar verme yöntemini kullanarak değerlendirmeyi amaçlamaktadır: Analitik Hiyerarşi Süreci AHP ve Analitik Ağ Süreci ANP. Çalışmada, AHP ve ANPyi uygulayarak, BESde fon seçimini etkileyen risk toleransı, fon performansı, likidite ve çeşitlilik gibi temel faktörlerin fon seçimi üzerindeki etkileri tanımlamakta ve etki düzeyleri değerlendirmektedir. Çalışmada amaç ise, yatırım kararlarının sağlamlığını ve güvenilirliğini artırmak, bireylerin finansal hedefleri ve risk tercihleriyle uyumlu bilinçli seçimler yapmalarına yardımcı olmaktır. Çalışma sonunda fon seçimini etkileyen kriterlerin etki düzeyleri hesaplanmış ve sonuçlar yorumlanmıştır.

Makale detayları

An Application On Evaluation Of Fund Selection Criteria In The Individual Retirement System (IRS) With Multi-Criteria Decision-Making Methods

Yazarlar:

Huriye Akpınar

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

İzmir İktisat Dergisi Vol.40 Issue 3, pp.752-769

Belge Tipi:

Makale

Yayın Tarihi:

7/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001354208

pISSN:

1308-8505

Multi-Criteria Decision-Making

Fund Selection

Individual Retirement System

AHP

ANPÇok Kriterli Karar Verme

Fon Seçimi

Bireysel Emeklilik Sistemi

AHP

ANP

Sayı

Makale detayları

Yazarlar: Huriye Akpınar

Yayıncı: Dokuz Eylul University

Ana Başlıklar: Ekonometrik ve İstatistiksel Yöntemler

Dergi: İzmir İktisat Dergisi Vol.40 Issue 3, pp.752-769

Belge Tipi: Makale

Yayın Tarihi: 7/2025

Belge Dili: İngilizce

Document ID (Org No.): 2001354208

pISSN: 1308-8505

Sayı

Yazarlar:

Huriye Akpınar

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

İzmir İktisat Dergisi Vol.40 Issue 3, pp.752-769

Belge Tipi:

Makale

Yayın Tarihi:

7/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001354208

pISSN:

1308-8505