Table 3 OLS regression results

Intercept

12.43***

2.95

10.76***

3.41

14.46***

2.63

Political Groups (Republican)

 Democrat

4.31***

1.41

7.49***

1.77

-3.83***

1.33

 Independent

1.22

1.56

2.78

2.06

-2.96*

1.63

Financial Control Variables

 Risk tolerance

0.57**

0.29

0.70**

0.35

-0.11

0.31

 Financial satisfaction

-0.37

0.30

0.20

0.37

0.35

0.33

 Prepared for retirement

3.17**

1.32

4.10**

1.73

-0.77

1.36

Socioeconomic Control Variables

 Household Income ($25,001-$50,000)

  Less than $25,000

-1.27

1.97

0.54

2.41

1.04

1.83

  $50,000-$75,000

-3.78**

1.62

2.29

2.22

-1.73

1.67

  $75,001-$100,000

-3.94**

1.87

5.16**

2.31

-1.24

1.82

  Over $100,001

-3.38*

1.96

2.05

2.60

-3.91**

1.89

 Education (Less than Bachelors)

  Bachelor’s Degree

0.80

1.53

-0.68

2.04

4.12***

1.56

  Graduate Degree

1.92

1.89

0.07

2.56

0.91

1.96

 Employment: full-time (other)

3.41**

1.34

0.86

1.77

2.61*

1.34

  Male (Female)

-0.80

1.23

-0.77

1.58

1.72

1.24

  Married (Other)

0.39

1.39

-0.11

1.74

3.64**

1.43

  White (Other)

0.08

1.28

-1.34

1.65

-1.59

1.30

Adjusted R²

0.0635

0.0783

0.1039