As a result of study the relationship between personal information and investment behavior found that male tend to invest in mutual fund more than female. Especially at ages between 40-50 years focusing in debt securities. Considering by financial stability of a certain bank for a retirement financial plan. Thus, the higher income tend to invest more.
The result after study the relationship between investment behavior and investment choice found different investment habit had a great influence especially through changes in economy. Since the return ratio change in the same direction related with interest rate, and Inflation rate. The change in interest rate depend on economy. Normally, Interest rate changes in the same direction with economy.
Keyword: Elder, Retirement Mutual Fund, Asset Management.