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Table 1 Sample characteristics

From: What matters in the annuitization decision?

Variable

Mean

US population mean (%)

Sample size

676

 

Gender

 Female

60.1%

50.9

 Male

39.9%

49.1

Age

 50–54

28.1%

20.2

 55–64

48.2%

39.2

 65–80

23.7%

40.6

Education

 < High school degree

0.1%

10.91

 High school graduate

8.7%

30.69

 Some college but no degree

20.7%

15.11

 Associate degree

10.5%

10.11

 Bachelor's degree

36.7%

19.78

 Master's degree

17.5%

9.65

 Doctoral degree

2.5%

2.22

 Professional degree

3.3%

1.53

Marital status

 Married

55.0%

49.4

 Single

45.0%

50.6

Household income

 < $10,000

3.0%

5.47

 $10,000–$19,999

9.5%

8.24

 $20,000–$29,999

11.1%

8.21

 $30,000–$39,999

11.1%

8.09

 $40,000–$49,999

9.2%

7.44

 $50,000–$59,999

7.7%

7.23

 $60,000–$69,999

8.7%

6.25

 $70,000–$79,999

8.3%

5.89

 $80,000–$89,999

5.2%

5.01

 $90,000–$99,999

4.3%

4.43

 $100,000–$149,999

13.5%

13.40

 $150,000+ 

8.6%

13.43

  1. This table presents the distribution of our sample according to gender, age, education, marital status and household income. US population means are based on the Current Population Survey 2021