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Download full textRabbani, Abed G.; Yao, Zheying; Wang, Christina; Grable, John E. – Journal of Financial Counseling and Planning, 2021
Financial risk tolerance is an important personal characteristic that is widely used by financial professionals to guide the development and presentation of client-centered recommendations. As more baby boomers enter retirement, research on how these individuals perceive their willingness to take financial risks has gained importance, particularly…
Descriptors: Risk, Decision Making, Money Management, Financial Services
Direct linkZagorsky, Jay L. – Intelligence, 2007
How important is intelligence to financial success? Using the NLSY79, which tracks a large group of young U.S. baby boomers, this research shows that each point increase in IQ test scores raises income by between $234 and $616 per year after holding a variety of factors constant. Regression results suggest no statistically distinguishable…
Descriptors: Probability, Income, Financial Problems, Credit (Finance)
