Table 2.

Descriptive statistics.

Variable	Mean	Standard Deviation (SD)	Min	Max
Smoking behavior	0.1370	0.3439	0	1
Financial literacy	0.6981	0.3155	0	1
Financial education	0.1240	0.3296	0	1
Male	0.4529	0.4978	0	1
Age	49.30	15.89	15	96
Age squared	2683.34	1625.95	225	9216
University degree	0.4020	0.4904	0	1
Marriage	0.6333	0.4820	0	1
Divorce	0.0637	0.2442	0	1
Household members	2.79	1.47	1	13
Children	0.7197	0.4492	0	1
Unemployed	0.0222	0.1473	0	1
Household income	67,501.96	48,617.02	5000	210,000
Log of household income	10.77	0.95	8.52	12.25
Household assets	194,648.90	292,005.20	12,500	1,250,000
Log of household assets	11.14	1.49	9.43	14.04
Regular exercise	0.6565	0.4749	0	1
Current drinker	0.4038	0.4907	0	1
Frequent gambler	0.0762	0.2654	0	1
Myopic view of future	0.1044	0.3058	0	1
Level of risk preference	0.6635	0.2843	0	0.99
Current level of happiness	0.7110	0.2231	0	1
Anxiety about health	0.3140	0.4642	0	1
Observations	3831