Government pension reliance (Relies on other source for retirement income) |
-0.195*** |
0.022 |
-.119*** |
0.023 |
Objective financial knowledge score |
-0.0002 |
0.001 |
0.006*** |
0.001 |
Subjective financial knowledge (Not very knowledgeable) |
Fairly knowledgeable |
0..064** |
0.024 |
0.151*** |
0.027 |
Knowledgeable |
0..091*** |
0.025 |
0.313*** |
0.029 |
Very knowledgeable |
0.069* |
0.033 |
0.408*** |
0.035 |
Demographics |
Age (18-24) |
25-34 |
0.072 |
0.047 |
0.028 |
0.052 |
35-44 |
0.108** |
0.048 |
0.073 |
0.052 |
45-54 |
0.112** |
0.047 |
0.128* |
0.052 |
55-64 |
0.141*** |
0.049 |
0.242*** |
0.055 |
65 and up |
0.152** |
0.058 |
0.245*** |
0.066 |
Sex (Male) |
0.031 |
0.017 |
-0.027 |
0.018 |
Born in Canada (No) |
0.033 |
0.020 |
0.001 |
0.022 |
Indigenous (No) |
0.008 |
0.031 |
0.013 |
0.039 |
Marital status (Married) |
|
|
|
|
Living with partner |
-0.042 |
0.024 |
-0.014 |
0.026 |
Separated |
-0.014 |
0.041 |
0.067 |
0.048 |
Divorced |
-0.007 |
0.032 |
-0.024 |
0.042 |
Widowed |
0.100* |
0.048 |
0.116 |
0.071 |
Single |
0.038 |
0.023 |
0.025 |
0.028 |
Financially dependent children (0) |
One or more |
-0.027 |
0.019 |
-0.028 |
0.020 |
Socioeconomics |
Household income ($0 to less than $20,000) |
$20,000 to less than $40,000 |
0.029 |
0.050 |
0.044 |
0.048 |
$40,000 to less than $60,000 |
0.104* |
0.051 |
0.061 |
0.049 |
$60,000 to less than $80,000 |
0.213*** |
0.051 |
0.104* |
0.050 |
$80,000 to less than $100,000 |
0.188** |
0.056 |
0.133* |
0.054 |
$100,000 to less than $150,000 |
0.265*** |
0.053 |
0.164** |
0.053 |
$150,000 to less than $200,000 |
0.313*** |
0.056 |
0.260*** |
0.056 |
$200,000 or more |
0.307*** |
0.057 |
0.308*** |
0.058 |
Education (Less than high school) |
High school diploma or equivalent |
0.038 |
0.042 |
0.009 |
0.045 |
Some college or university without diploma |
0.004 |
0.045 |
0.048 |
0.051 |
College diploma or certificate |
0.018 |
0.042 |
0.006 |
0.046 |
University undergraduate degree |
0.050 |
0.042 |
-0.011 |
0.045 |
University graduate degree |
0.048 |
0.043 |
-0.017 |
0.047 |
Employment (Full-time) |
Part-time |
-0.087** |
0.026 |
0.019 |
0.030 |
Self-employed |
-0.162*** |
0.027 |
-0.008 |
0.026 |
Not working |
-0.204*** |
0.030 |
-0.023 |
0.031 |
Homeownership (Owns home) |
Does not own home |
0.038* |
0.020 |
0.038 |
0.023 |
Student Loans (Has student loans) |
Does not have student loans |
-0.072** |
0.026 |
-0.034 |
0.031 |