Table 2.
Correlations between the items analyzed in this study
Variable | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Likelihood of Retiring | — | |||||||||||||||
2. Anticipated Retirement Age | − .14 | |||||||||||||||
3. Importance of Learning About Retirement | .27 | − .04 | ||||||||||||||
4. Frequency of Talking About Retirement | .11 | − .12 | .43 | |||||||||||||
5. Perceived Retirement Knowledge Compared to Peers | .20 | − .11 | .38 | .52 | ||||||||||||
6. Beliefs About Full-Time Workers' Retirement Contribution | .21 | .03 | .18 | .07 | .12 | |||||||||||
7. Retirement Contribution in First Full-Time Job | .23 | − .01 | .30 | .11 | .21 | .48 | ||||||||||
8. Retirement Success Compared to Parents | .16 | − .15 | .12 | .17 | .21 | .08 | .11 | |||||||||
9. Retirement Success Compared to Grandparents | .21 | − .16 | .15 | .17 | .21 | .10 | .16 | .63 | ||||||||
10. Positive Emotions | .22 | − .11 | .40 | .45 | .40 | .14 | .23 | .33 | .30 | |||||||
11. Negative Emotions | − .10 | .12 | .14 | .15 | .01 | .00 | .01 | − .11 | − .12 | .18 | ||||||
12. Money Allocated for Retirement | .02 | − .05 | .09 | .11 | .06 | .00 | .02 | .07 | .07 | .16 | .02 | |||||
13. Rank of Workplace Retirement Benefits | − .13 | .05 | − .17 | -.12 | − .11 | − .07 | − .15 | − .04 | − .09 | − .21 | .00 | − .09 | ||||
14. Number of Financial Classes Taken | .05 | − .06 | .09 | .22 | .16 | .04 | .05 | .10 | .10 | .17 | .03 | .07 | .00 | |||
15. Total Number of Sources of Retirement Conversations | .08 | − .01 | .15 | .29 | .20 | .11 | .10 | .05 | .08 | .15 | .02 | .05 | − .02 | .17 | ||
16. Age | − .13 | .02 | .02 | .10 | .04 | .01 | − .01 | − .07 | − .09 | .03 | .02 | − .02 | − .03 | − .03 | .01 | |
17. Gender (0 = Male; 1 = Female) | .05 | .09 | .05 | − .05 | − .05 | .06 | .03 | − .05 | − .07 | .01 | .08 | − .05 | .01 | − .06 | − .07 | − .02 |
All rs ≥ 10 are statistically significant at p < .0001 with the exception of the italicized coefficients, which are less than .10 prior to rounding and should not be interpreted as being “statistically significant”