Retirement Satisfaction | Financial Planning Horizon | Age | Age |
Wealth | Income | Education | Married | White | Male | Health | |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | |||||||||||
0.1408 | 1 | ||||||||||
0.1907 | -0.0541 | 1 | |||||||||
0.1811 | -0.0605 | 0.9965 | 1 | ||||||||
0.1189 | 0.0913 | 0.0541 | 0.0529 | 1 | |||||||
0.1031 | 0.0733 | -0.0307 | -0.0314 | 0.198 | 1 | ||||||
0.1834 | 0.1046 | -0.0195 | -0.022 | 0.1775 | 0.1523 | 1 | |||||
0.1573 | 0.1292 | -0.137 | -0.1476 | 0.0801 | 0.1364 | 0.0948 | 1 | ||||
0.1709 | 0.0733 | 0.175 | 0.1709 | 0.1019 | 0.0624 | 0.1398 | 0.1511 | 1 | |||
0.0287 | 0.044 | 0.0103 | 0.0069 | 0.02 | 0.0236 | -0.0023 | 0.242 | 0.0343 | 1 | ||
0.4005 | 0.1607 | 0.0754 | 0.0656 | 0.114 | 0.1056 | 0.251 | 0.1293 | 0.1687 | -0.0129 | 1 |
Variable | Mean | Std. Dev. | Min | Max |
---|---|---|---|---|
Retirement Satisfaction | ||||
Very Satisfied | 0.1059 | 0.3078 | 0.0000 | 1.0000 |
Moderately Satisfied | 0.3796 | 0.4853 | 0.0000 | 1.0000 |
Not at All Satisfied | 0.5145 | 0.4998 | 0.0000 | 1.0000 |
Financial Planning Horizon | ||||
Next Few Months | 0.1784 | 0.3828 | 0.0000 | 1.0000 |
Next Year | 0.1444 | 0.3515 | 0.0000 | 1.0000 |
Next Few Years | 0.2719 | 0.4450 | 0.0000 | 1.0000 |
Next 5-10 Years | 0.2782 | 0.4481 | 0.0000 | 1.0000 |
Next 10+Years | 0.1271 | 0.3331 | 0.0000 | 1.0000 |
Age | 70.9422 | 9.6747 | 31.1667 | 102.8333 |
Age2 | 5,126 | 1,391 | 971 | l0,575 |
Net Worth | 150,712 | 613,910 | -3,636,749 | 28,400,000 |
Income | 49,647 | 122,787 | 0.0000 | l0,000,000 |
Education | 12,5133 | 3,0145 | 0.0000 | 17,0000 |
Married | 0.5718 | 0.4948 | 0.0000 | 1.0000 |
White | 0.7834 | 0.4119 | 0.0000 | 1.0000 |
Male | 0.4351 | 0.4958 | 0.0000 | 1.0000 |
Health | ||||
Poor | 0.1099 | 0.3127 | 0.0000 | 1.0000 |
Fair | 0.2418 | 0.4282 | 0.0000 | 1.0000 |
Good | 0.3160 | 0.4649 | 0.0000 | 1.0000 |
Very Good | 0.2565 | 0.4367 | 0.0000 | 1.0000 |
Excellent | 0.0759 | 0.2648 | 0.0000 | 1.0000 |
Very Satisfied | Moderately Satisfied | Not at All Satisfied | Total | |
---|---|---|---|---|
1,198 | 2,688 | 2,336 | 6,222 (17.84%) | |
499 | 2,106 | 2,432 | 5,037 (14.42%) | |
776 | 3,683 | 5,025 | 9,484 (27.19%) | |
700 | 3,335 | 5,668 | 9,703 (27.82%) | |
522 | 1,426 | 2,484 | 4,432 (12.71%) | |
3,695 (10.59%) | 13,238 (37.96%) | 17,945(51.45%) | 34,878 |
Not at All Satisfied | Std. Err. | Moderately Satisfied | Std. Err. | Very Satisfied | Std. Err. | |
---|---|---|---|---|---|---|
Financial Planning Horizon (Next Few Months as Reference) | ||||||
Next Year | -0.0159 |
0.0035 | -0.0173 |
0.0038 | 0.0332 |
0.0073 |
Next Few Years | -0.0231 |
0.0031 | -0.0265 |
0.0034 | 0.0496 |
0.0065 |
Next 5-10 Years | -0.0305 |
0.0032 | -0.0367 |
0.0037 | 0.0673 |
0.0068 |
Next 10+Years | -0.0288 |
0.0037 | -0.0342 |
0.0046 | 0.0631 |
0.0083 |
Age | -0.0127 |
0.0013 | -0.0159 |
0.0016 | 0.0286 |
0.0288 |
Age2 | 0.0001 |
0.0000 | 0.000 |
0.0000 | -0.0002 |
0.0000 |
Net Worth | -0.0001 | 0.0000 |
-0.0001 | 0.0000 |
0.0000 | 0.0000 |
Income | -1.0001 | 0.0000 | -1.0001 | 0.0000 | 0.0000 | 0.0000 |
Education | -1.0048 |
0.0004 | -1.0060 |
0.0005 | 0.0108 |
0.0009 |
Married | -1.0392 |
0.0026 | -1.0494 |
0.0032 | 0.0885 |
0.0057 |
White | -1.0255 |
0.0030 | -1.0321 |
0.0038 | 0.0575 |
0.0068 |
Male | 0.0008 | 0.0025 | 0.0009 | 0.0032 | -0.0017 | 0.0057 |
Health (Poor as Reference) | ||||||
Fair | -0.0882 |
0.0061 | -0.0342 |
0.0021 | 0.1225 |
0.0074 |
Good | -0.1456 |
0.0059 | -0.1012 |
0.0031 | 0.2467 |
0.0078 |
Very Good | -0.1821 |
0.0061 | -0.1855 |
0.0048 | 0.3675 |
0.0089 |
Excellent | -0.1967 |
0.0062 | -0.2397 |
0.0084 | 0.4364 |
0.0119 |