Table 3. Expected Claiming Ages by Frame and Respondent Characteristics, Wave 1.1.

Note: Expressed as number of months after age 62, unweighted data. See Table 2 for additional definitions.

				Consumption frames				Investment frames				St. Dev.
	Baseline	Breakeven	Symmetric	62 gain	66 gain	70 loss	66 loss	62 gain	66 gain	70 loss	66 loss
Sex
Male	43.4	35.8	55.6	62.6	64.7	53.8	81.8	55.9	62.2	64.2	61.1	12.0
Female	40.3	42	53.6	55.9	61.4	59.7	58	60.2	63.8	52.9	63.1	7.9
Age
18–40	41.6	35.8	65.7	65.9	66.2	64.2	73	60.5	66.6	61.2	69.8	11.6
41–50	43.7	43.6	57.1	56.9	66.5	54.7	66.9	63.4	64.3	67	65.8	8.8
51–55	41.4	37.4	54.5	55.7	61.1	57.7	61.2	52.9	72.7	66.9	57.5	10.1
>55	39.2	40.9	41.5	56.9	53.2	52.7	58.7	52.3	53.3	41.1	52.8	7.1
Education
HS or less	33.8	30.8	54	56.4	60.4	52.9	62.1	60.1	45.4	52.1	56.1	10.5
Some college	38.1	34.2	56.1	55.3	61.1	52.7	58.8	59.4	64.1	54.1	62.2	9.6
College	47.6	48.2	53.4	63.1	65.4	63.3	71.5	56.8	68.8	63	64.3	7.9
Income ($/year)
<35000	34.9	39.3	55.8	57.4	60.7	58.1	61	56.2	65.3	61.9	66.2	10.0
35000–74999	39.6	36.7	51.9	57.2	67.1	56.7	64.2	53.6	63.9	52.4	59.8	9.6
>75000	47.1	42.1	56.2	61.4	57.7	57.3	68	64	61	60.3	62.2	7.4
Financial Literacy
0 – 25% correct	32.5	40.1	29	38	52.3	63.4	85	45.3	56.5	66	74	17.9
26–50% correct	34.6	43.6	76.1	65.4	51.6	50.3	40.2	69.7	63.9	54.8	58.4	12.9
51–75% correct	40.4	41.4	57.4	57.9	63.1	50.6	61.8	52	65.3	52.6	65.5	8.8
76–100% correct	43.1	39.8	52.3	58.7	63.7	58.1	68	59.6	61.8	60.1	61.2	8.6
Overall
Average	41.6	39.6	54.5	58.7	62.7	57.2	65.3	58.4	63.1	57.7	62.2
SD	32.2	28.7	29.6	30.8	30.6	28.7	31.3	29.7	30.8	29.8	30.5
N	1443	147	150	145	171	154	136	157	151	95	130