Table 7.

Product-moment Correlations of the Retirement Knowledge Scale (RKS) and Financial Literacy Scale (FLS) with financial, personality and wellbeing variables

	RKS	Scale Reflection	Scale Engagement	Scale Evaluation	FLS
Prob. leave bequest $10,000	0.36***	0.17***	0.29***	0.44***	0.25***
IRA/Keogh Acct. Balance	0.31***	0.15***	0.25***	0.37***	0.20***
Stocks Acct. Balance	0.19***	0.08***	0.16***	0.22***	0.12***
Checking Acct. Balance	0.20***	0.08***	0.14***	0.29***	0.17***
CD Acct. Balance	0.07***	0.03	0.06**	0.10***	0.04
Finc. Plan. Hor. (continuous)	0.14***	0.08***	0.12***	0.15***	0.10***
FP-next few months	−0.16***	−0.11***	−0.13***	−0.16***	−0.09***
FP-next year	−0.05*	−0.04	−0.04	−0.06**	−0.02
FP-next few years	0.04	0.06**	0.02	0.03	−0.01
FP-next 5–10 years	0.15***	0.10***	0.12***	0.15***	0.10***
FP-greater than 10 years	−0.03	−0.05*	−0.01	−0.02	0
PT. Extrovert	0.11***	0.02	0.10***	0.14***	0
PT. Openness	0.24***	0.15***	0.21***	0.24***	0.14***
PT. Conscientiousness	0.20***	0.11***	0.17***	0.21***	0.11***
Sat. Health	0.13***	0	0.10***	0.20***	0.10***
Sat. Household Income	0.17***	−0.01	0.10***	0.33***	0.14***
Sat. Present Finc. Situation	0.16***	−0.02	0.09***	0.33***	0.14***
Sat. Life as a Whole	0.17***	0.05	0.12***	0.24***	0.06**

Significance denoted as *p<0.10 **p<0.05, ***p<0.01