Table 3 Distribution of motive answers
Motive | Answers to Likert scale (1 to 7) (%) | ||||||
|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 | |
Liquidity | 2.22 | 7.99 | 14.69 | 9.32 | 27.66 | 23.22 | 14.94 |
Family risk pooling | 14.79 | 17.75 | 14.05 | 15.53 | 23.52 | 10.5 | 3.85 |
Bequest | 9.91 | 9.32 | 9.62 | 10.5 | 18.49 | 25.44 | 16.72 |
Investment frame | 0.0 | 2.51 | 2.07 | 6.8 | 23.52 | 38.91 | 26.18 |
Mortality salience | 26.33 | 18.79 | 6.8 | 5.62 | 18.34 | 16.57 | 7.54 |
Self-selection | 1.48 | 5.18 | 12.13 | 40.09 | 17.9 | 17.31 | 5.92 |