Table 2.

Distribution of risk tolerance responses

Response category	% by HRS wave
	1992	1994	1998	2000	2002
1	64.6	43.4	37.9	46.3	44.8
2		18.1	19.0	18.4	18.6
3	11.6	13.5	17.0	14.4	15.3
4	10.9	14.5	10.8	8.1	9.6
5	12.9	6.3	8.0	7.5	6.1
6		4.2	7.3	5.3	5.6
Responses	11,592	717	796	884	3,591

NOTE: Tabulations use responses on the final release version of HRS 1992, 1994, 1998, 2000, and 2002 without sample weights. The sample for this article includes the 11,616 original respondents in the HRS study who answer a gamble in one of the first two waves. See Table 1 for definition of the risk tolerance response categories.