Table 1.
Summary statistics for baseline wave only
| Variable | mean | sd | min | max | N (households) |
|---|---|---|---|---|---|
| Financial Respondent | 1 | 0 | 1 | 1 | 7730 |
| Female | 0.3777 | 0.4849 | 0 | 1 | 7730 |
| Age | 62.4752 | 10.0583 | 31 | 96 | 7730 |
| Spouse’s Age | 61.8966 | 10.6326 | 25 | 98 | 7730 |
| Own education | 12.6697 | 3.2362 | 0 | 17 | 7730 |
| Spouse’s education | 12.1102 | 3.2573 | 0 | 17 | 7730 |
| Self-rated health | 3.2405 | 1.1498 | 1 | 5 | 7730 |
| Spouse’s self-rated health | 3.2019 | 1.1549 | 1 | 5 | 7730 |
| Stock share tercile | 0.7250 | 1.0770 | 0 | 3 | 7730 |
| Log wealth | 11.4850 | 2.7609 | 0 | 18.2723 | 7730 |
| Health insurance | 0.8809 | 0.3240 | 0 | 1 | 7730 |
| Control investments | 0.3138 | 0.4641 | 0 | 1 | 7730 |
| Own cognition in normal range | 0.8671 | 0.3394 | 0 | 1 | 7730 |
| Own cognition in CIND range | 0.1058 | 0.3076 | 0 | 1 | 7730 |
| Own cognition in Dementia range | 0.0270 | 0.1622 | 0 | 1 | 7730 |
| Own problems handling money | 0.0451 | 0.2076 | 0 | 1 | 7730 |
| Own memory disease diagnosis | 0.0127 | 0.1119 | 0 | 1 | 7730 |
| Spouse’s cognition in normal range | 0.8094 | 0.3928 | 0 | 1 | 7730 |
| Spouse’s cognition in CIND range | 0.1370 | 0.3439 | 0 | 1 | 7730 |
| Spouse’s cognition in Dementia range | 0.0536 | 0.2252 | 0 | 1 | 7730 |