The Cost-Benefit of Aging: Financial Capability and Well-Being across Age Groups in Brazil

Table 7

Older than 51 years old (n = 141).

Depend	Model 16	Model 17	Model 18	Model 19	Model 20
	Behavior	Behavior	Preparedness	Resilience	FWB
Model	HC	HC	HC	HC	HC
Const	1.502	1.342	−1.814	−6.855	−3.457
Knowledge	0.294	0.293
Behavior			0.104	1.524	0.418
PsyFactor1	0.177	0.077
PsyFactor2	0.117	0.159
Grit		0.198
Resilience future		0.064
Sex	−0.349	−0.139	−0.084	1.286	0.330
Age	0.011	−0.003	0.025	0.065	0.017
School	0.021	0.025	0.062	0.165	−0.017
Income	0.041	0.026	0.573	0.594	0.349
With children	0.072	0.072	0.722	0.118	0.023
Lives alone	−0.076	−0.089	0.972	1.872	0.646
Lives others	−0.088	−0.093	−0.027	0.036	−0.139
Main source income	0.269	0.189	−0.167	−1.305	−0.234
Own residence	−0.160	−0.297	−0.105	0.710	0.227
Single parent	−0.256	−0.125	0.073	0.897	0.050
Fin support	0.017	0.089	−0.368	−0.795	−0.331
Parents taught save	−0.084	−0.051	0.871	1.002	0.353
Any scheme		0.105	−0.144	−3.667	−0.673
INSS		0.117	0.847	−1.036	0.040
Public servant scheme		0.069	0.308	−2.166	−0.183
Private prev		−0.086	−0.152	0.573	0.072
Private invest		0.024	−0.613	0.336	0.049
R2	0.612	0.800	0.388	0.629	0.455
Fc	13.153	21.406	4.299	11.510	5.651

Source: prepared by the authors.  < 0.1,  < 0.05, and  < 0.01.