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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