Research Article

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

Table 1

Principal components analysis for psychological factors.

ComponentsPsyFactor1PsyFactor2

Locus of control0.3830.173
Financial confidence0.4050.074
Action orientation0.269−0.526
Saving/spending/borrowing0.3710.241
Long-term thinking0.3780.320
Self-control0.402−0.104
Impulsivity control0.3770.021
Lack of concern social status0.182−0.719

Source: prepared by the authors. The bold values indicate p < 0.05.