P. Expectations (respondent)

P. Expectations (respondent) module of HRS 2006

Start of P. Expectations (respondent)
 
If Proxy/self interview = SELF »
 
   
 
KP002

P002 - expectations intro

NEXT WE WOULD LIKE TO ASK YOUR OPINION ABOUT HOW LIKELY YOU THINK VARIOUS EVENTS MIGHT BE. WHEN I ASK A QUESTION I'D LIKE FOR YOU TO GIVE ME A NUMBER FROM 0 TO 100, WHERE '0' MEANS THAT YOU THINK THERE IS ABSOLUTELY NO CHANCE, AND '100' MEANS THAT YOU THINK THE EVENT IS ABSOLUTELY SURE TO HAPPEN.

FOR EXAMPLE, NO ONE CAN EVER BE SURE ABOUT TOMORROW'S WEATHER, BUT IF YOU THINK THAT RAIN IS VERY UNLIKELY TOMORROW, YOU MIGHT SAY THAT THERE IS A 10 PERCENT CHANCE OF RAIN. IF YOU THINK THERE IS A VERY GOOD CHANCE THAT IT WILL RAIN TOMORROW, YOU MIGHT SAY THAT THERE IS AN 80 PERCENT CHANCE OF RAIN.
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KP003

Expectations practice question

LET'S TRY AN EXAMPLE TOGETHER AND START WITH THE WEATHER. WHAT DO YOU THINK ARE THE CHANCES THAT IT WILL RAIN OR SNOW TOMORROW?

('100' MEANS 'A 100 PERCENT CHANCE OF RAIN OR SNOW.' AND YOU CAN SAY ANY NUMBER FROM 0 TO 100.)

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP004

Expec - inflation vs. income

WHAT DO YOU THINK ARE THE CHANCES THAT YOUR INCOME WILL KEEP UP WITH THE COST OF LIVING FOR THE NEXT FIVE YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP005

Will r leave inheritance >$10k

THINK ABOUT AN INHERITANCE YOU (AND YOUR [HUSBAND/WIFE/PARTNER]) MIGHT LEAVE (, BUT NOT INCLUDING ANY INHERITANCE YOU MIGHT LEAVE TO EACH OTHER).

INCLUDING PROPERTY AND OTHER VALUABLES THAT YOU MIGHT OWN, WHAT ARE THE CHANCES THAT YOU (AND YOUR [HUSBAND/WIFE/PARTNER]) WILL LEAVE AN INHERITANCE TOTALLING $10,000 OR MORE?

(00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Will r leave inheritance >$10k != 998 and Will r leave inheritance >$10k != 999 and Will r leave inheritance >$10k != 0 and Will r leave inheritance >$10k !was assigned an EMPTY value »
 
     
   
KP006

Will r leave inheritance >100k

AND WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL LEAVE AN INHERITANCE TOTALLING $100,000 OR MORE?

INCLUDE PROPERTIES AND OTHER VALUABLE ITEMS AS WELL AS MONEY HERE

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Will r leave inheritance >100k > 0 and Will r leave inheritance >100k was answered »
 
       
     
KP059

Chance r/sp leave inherit of 500k/more

AND WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL LEAVE AN INHERITANCE TOTALLING $500,000 OR MORE?

INCLUDE PROPERTIES AND OTHER VALUABLE ITEMS AS WELL AS MONEY HERE

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
 
If Will r leave inheritance >100k was assigned an EMPTY value »
 
     
   
KP007

Will r leave any inheritance

AND WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL LEAVE ANY INHERITANCE?

INCLUDE PROPERTIES AND OTHER VALUABLE ITEMS AS WELL AS MONEY HERE

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP008

Will r receive any inheritance next 10yr

[WILL R RECEIVE ANY INHERITANCE NEXT 10YR] HAT ARE THE CHANCES THAT YOU [OR YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL RECEIVE AN INHERITANCE DURING THE NEXT 10 YEARS?

INCLUDE PROPERTIES AND OTHER VALUABLE ITEMS AS WELL AS MONEY HERE

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Will r receive any inheritance next 10yr != 998 and Will r receive any inheritance next 10yr != 999 and Will r receive any inheritance next 10yr != 0 »
 
     
   
KP010

Rs expected amount of inheritance

ABOUT HOW LARGE DO YOU EXPECT THAT INHERITANCE TO BE?

DO NOT PROBE DK/RF
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If Rs expected amount of inheritance = 99999998 or Rs expected amount of inheritance = 99999999 »
 
       
     
KP011_B

Rs expected amt of inheritance

WOULD IT AMOUNT TO ...
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If Checkpoint - r can do probability scales = 1 »
 
     
   
If Working for pay = YES and Work for someone else/slf-employed != SELF_EMPLOYED »
 
       
     
KP014

Likelihood r will lose job

SOMETIMES PEOPLE ARE PERMANENTLY LAID OFF FROM JOBS THAT THEY WANT TO KEEP.

ON THE SAME SCALE FROM 0 TO 100 WHERE 0 EQUALS ABSOLUTELY NO CHANCE AND 100 EQUALS ABSOLUTELY CERTAIN, WHAT ARE THE CHANCES THAT YOU WILL LOSE YOUR JOB DURING THE NEXT YEAR?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP015

Likelihood r will find another job

SUPPOSE YOU WERE TO LOSE YOUR JOB THIS MONTH.

WHAT DO YOU THINK ARE THE CHANCES THAT YOU COULD FIND AN EQUALLY GOOD JOB IN THE SAME LINE OF WORK WITHIN THE NEXT FEW MONTHS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Working for pay != YES »
 
       
     
KP016

Likelihood r will work for pay

(ON THIS SAME 0 TO 100 SCALE), WHAT ARE THE CHANCES THAT YOU WILL BE WORKING FOR PAY AT SOME TIME IN THE FUTURE?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If R current age calculation < 62 »
 
       
     
KP017

Likelihood r will work after age 62

[THINKING ABOUT WORK IN GENERAL AND NOT JUST YOUR PRESENT JOB, WHAT/WHAT] DO YOU THINK THE CHANCES ARE THAT YOU WILL BE WORKING FULL-TIME AFTER YOU REACH AGE 62?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

996 ALREADY AGE 62
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If Likelihood r will work after age 62 != 0 or Likelihood r will work after age 62 was assigned an EMPTY value or Likelihood r will work after age 62 was not answered »
 
         
       
KP018

Likelihood r will work after age 65

AND WHAT ABOUT THE CHANCES THAT YOU WILL BE WORKING FULL-TIME AFTER YOU REACH AGE 65?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

996 ALREADY AGE 65
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If Looking for another job currently = YES or Doing what to find work- not working = YES »
 
       
     
KP020

Chance r will find desired job in few mo

YOU TOLD US EARLIER THAT YOU WERE LOOKING FOR A NEW JOB.

ON THIS 0 TO 100 SCALE, WHAT ARE THE CHANCES THAT YOU WILL FIND A JOB LIKE THE ONE YOU'RE LOOKING FOR WITHIN THE NEXT FEW MONTHS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If R current age calculation < 65 »
 
       
     
KP028

Chance r will live to be age 75 or more

WHAT IS THE PERCENT CHANCE THAT YOU WILL LIVE TO BE 75 OR MORE?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Chance r will live to be age 75 or more = 50 »
 
         
       
KP102

Uncertainty live to 75

DO YOU THINK THAT IT IS ABOUT EQUALLY LIKELY THAT YOU WILL DIE BEFORE 75 AS IT IS THAT YOU WILL LIVE TO 75 OR BEYOND, OR ARE YOU JUST UNSURE ABOUT THE CHANCES [, OR DO YOU THINK NO ONE CAN KNOW THESE THINGS] ?
expand
         
     
If Who helps most- adl was assigned an EMPTY value and Iadls- who helps most was assigned an EMPTY value »
 
         
       
KP103

Chance live independently at age 75

ASSUMING THAT YOU ARE STILL LIVING AT 75, WHAT ARE THE CHANCES THAT YOUR HEALTH WILL ALLOW YOU TO LIVE INDEPENDENTLY, THAT IS, TO LIVE AT HOME WITHOUT HELP AND TO MANAGE YOUR OWN AFFAIRS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If R current age calculation < 90 »
 
         
       
KP029

Chance r will live to 80/85/90/95/100

WHAT IS THE PERCENT CHANCE THAT YOU WILL LIVE TO BE [80/85/90/95/100] OR MORE?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
         
       
If Chance r will live to 80/85/90/95/100 != 00 »
 
           
         
If Chance r will live to 80/85/90/95/100 = 50 »
 
             
           
KP105

Epistimic uncertainty live 85/90/95/100

DO YOU THINK THAT IT IS ABOUT EQUALLY LIKELY THAT YOU WILL DIE BEFORE [85/90/95/100] AS IT IS THAT YOU WILL LIVE TO [85/90/95/100] OR BEYOND OR ARE YOU JUST UNSURE ABOUT THE CHANCES [, OR DO YOU THINK NO ONE CAN KNOW THESE THINGS] ?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
             
         
If Who helps most- adl was assigned an EMPTY value and Iadls- who helps most was assigned an EMPTY value »
 
             
           
KP106

Chance live independently-85/90/95/100

ASSUMING THAT YOU ARE STILL LIVING AT [85/90/95/100] WHAT ARE THE CHANCES THAT YOUR HEALTH WILL ALLOW YOU TO LIVE INDEPENDENTLY, THAT IS, TO LIVE AT HOME WITHOUT HELP AND MANAGE YOUR OWN AFFAIRS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP107

Chance mentally ok at age-85/90/95/100

ASSUMING THAT YOU ARE STILL LIVING AT [85/90/95/100] WHAT ARE THE CHANCES THAT YOU WILL BE FREE OF SERIOUS PROBLEMS IN THINKING, REASONING OR REMEMBERING THINGS THAT WOULD INTERFERE WITH YOUR ABILITY TO MANAGE YOUR OWN AFFAIRS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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If Rate health !was assigned an EMPTY value and Rate health was answered »
 
       
     
KP108

Chance health same as now in 4 yrs

EARLIER WE ASKED YOU TO RATE YOUR HEALTH ON A SCALE OF EXCELLENT, VERY GOOD, GOOD, FAIR OR POOR AND YOU RATED YOUR CURRENT HEALTH AS [EXCELLENT/VERY GOOD/GOOD/FAIR/POOR] .

WHAT ARE THE CHANCES THAT YOUR HEALTH WILL [STILL BE EXCELLENT/STILL BE VERY GOOD OR BETTER/STILL BE GOOD OR BETTER/STILL BE FAIR OR BETTER/HAVE IMPROVED SIGNIFICANTLY] FOUR YEARS FROM NOW?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP109

Chance health random lower in 4 yrs

EARLIER WE ASKED YOU TO RATE YOUR HEALTH ON A SCALE OF EXCELLENT, VERY GOOD, GOOD, FAIR OR POOR AND YOU RATED YOUR CURRENT HEALTH AS [EXCELLENT/VERY GOOD/GOOD/FAIR/POOR] .

WHAT ARE THE CHANCES THAT YOUR HEALTH WILL [HAVE DECLINED TO VERY GOOD OR WORSE/HAVE DECLINED TO GOOD OR WORSE/HAVE DECLINED TO FAIR OR POOR/HAVE DECLINED TO POOR/HAVE IMPROVED SIGNIFICANTLY] FOUR YEARS FROM NOW?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP070

Chance med exp use up savings 5 yrs

WHAT DO YOU THINK ARE THE CHANCES THAT MEDICAL EXPENSES WILL USE UP ALL YOUR [AND YOUR YOU/HUSBAND/WIFE/PARTNER'S/ ] SAVINGS IN THE NEXT FIVE YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
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KP030

Chance give major fin help in next 10yr

(USING A NUMBER FROM 0-100) WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL GIVE FINANCIAL HELP TOTALLING $5,000 OR MORE TO GROWN CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

INCLUDE COLLEGE TUITION PAYMENT BUT NOT SHARED HOUSING OR FOOD

(00---10---20---30---40---50---60---70---80---90---100)

00 CHANCE IS ZERO OR NEARLY ZERO 100 ABSOLUTELY CERTAIN

DEF: (BY FINANCIAL HELP WE MEAN GIVING MONEY, HELPING PAY BILLS, OR COVERING SPECIFIC TYPES OF COSTS SUCH AS THOSE FOR MEDICAL CARE OR INSURANCE, SCHOOLING, DOWN PAYMENT FOR A HOME, RENT, ETC. THE FINANCIAL HELP CAN BE CONSIDERED SUPPORT, A GIFT OR A LOAN.)
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If Chance give major fin help in next 10yr was answered and Chance give major fin help in next 10yr <= 30 »
 
       
     
KP071

Give fin help 1000 to child

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL GIVE FINANCIAL HELP TOTALLING $1,000 OR MORE TO GROWN CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

INCLUDE COLLEGE TUITION PAYMENT BUT NOT SHARED HOUSING OR FOOD

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
   
Else
 
       
     
KP072

Give fin help 10000 to child

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL GIVE FINANCIAL HELP TOTALLING $10,000 OR MORE TO GROWN CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

INCLUDE COLLEGE TUITION PAYMENT BUT NOT SHARED HOUSING OR FOOD

(00---10---20---30---40---50---60---70---80---90---100)

00 CHANCE IS ZERO OR NEARLY ZERO 100 ABSOLUTELY CERTAIN
expand
       
     
If Give fin help 10000 to child > 0 and Give fin help 10000 to child was answered »
 
         
       
KP073

Give fin help 20000 to child

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL GIVE FINANCIAL HELP TOTALLING $20,000 OR MORE TO GROWN CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

INCLUDE COLLEGE TUITION PAYMENT BUT NOT SHARED HOUSING OR FOOD

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
         
   
KP031

Chance receive fin help - $5k or more

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL RECEIVE FINANCIAL HELP TOTALLING $5,000 OR MORE FROM YOUR CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT 10 YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
If Chance receive fin help - $5k or more was answered and Chance receive fin help - $5k or more <= 30 »
 
       
     
KP074

Chance receive financial help 2500

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL RECEIVE FINANCIAL HELP TOTALLING $2,500 OR MORE FROM YOUR CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 CHANCE IS ZERO OR NEARLY ZERO 100 ABSOLUTELY CERTAIN
expand
       
     
If Chance receive financial help 2500 < 100 and Chance receive financial help 2500 was answered »
 
         
       
KP075

Chance receive financial help 1000

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL RECEIVE FINANCIAL HELP TOTALLING $1,000 OR MORE FROM YOUR CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
         
   
Else
 
       
     
KP076

Chance receive financial help 10000

WHAT ARE THE CHANCES THAT YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] WILL RECEIVE FINANCIAL HELP TOTALLING $10,000 OR MORE FROM YOUR CHILDREN, RELATIVES OR FRIENDS OVER THE NEXT TEN YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
   
If R current age calculation > 64 or R ever interviewed != REINTERVIEW and R in nursing home != YES »
 
       
     
KP032

Percent chance r will move to nh in 5yr

[(WHAT IS THE PERCENT CHANCE) THAT YOU WILL EVER HAVE TO MOVE TO A NURSING HOME?/(WHAT IS THE PERCENT CHANCE) THAT YOU WILL MOVE TO A NURSING HOME IN THE NEXT FIVE YEARS?]

DEF: (NURSING HOMES ARE INSTITUTIONS PRIMARILY FOR PEOPLE WHO NEED CONSTANT NURSING SUPERVISION OR ARE INCAPABLE OF LIVING INDEPENDENTLY. NURSING SUPERVISION MUST BE PROVIDED ON A CONTINUOUS BASIS FOR THE INSTITUTION TO QUALIFY AS A NURSING HOME. PLEASE DON'T INCLUDE STAYS IN ADULT FOSTER CARE FACILITIES OR OTHER SHORT-TERM STAYS IN A HOSPITAL.)

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
   
KP034

Chance us has econ depression next 10yr

WHAT DO YOU THINK ARE THE CHANCES THAT THE U.S.ECONOMY WILL EXPERIENCE A MAJOR DEPRESSION SOMETIME DURING THE NEXT 10 YEARS OR SO?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
KP110

Chance soc sec less generous 10 yrs

THINKING OF THE SOCIAL SECURITY PROGRAM IN GENERAL AND NOT JUST YOUR OWN SOCIAL SECURITY BENEFITS:

ON A SCALE FROM 0 TO 100, (WHERE 0 MEANS NO CHANCE AND 100 MEANS ABSOLUTELY CERTAIN,) WHAT IS THE PERCENT CHANCE THAT CONGRESS WILL CHANGE SOCIAL SECURITY SOMETIME IN THE NEXT 10 YEARS, SO THAT IT BECOMES LESS GENEROUS THAN NOW?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
If Chance soc sec less generous 10 yrs != 0 »
 
       
     
If Currently recv soc sec income = YES »
 
         
       
KP111

Chance your soc sec benefit less 10 yrs

WE JUST ASKED YOU ABOUT CHANGES TO SOCIAL SECURITY IN GENERAL. NOW WE WOULD LIKE TO KNOW WHETHER YOU THINK THESE SOCIAL SECURITY CHANGES MIGHT AFFECT YOUR OWN BENEFITS.

ON A SCALE FROM 0 TO 100, (WHERE 0 MEANS NO CHANCE AND 100 MEANS ABSOLUTELY CERTAIN,) WHAT DO YOU THINK IS THE PERCENT CHANCE THAT THE BENEFITS YOU YOURSELF ARE RECEIVING FROM SOCIAL SECURITY WILL BE CUT SOME TIME OVER THE NEXT 10 YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
         
     
ElseIf Expect future soc sec benefits = YES »
 
         
       
KP112

Chance your future socsec benefits less

WE JUST ASKED YOU ABOUT CHANGES TO SOCIAL SECURITY IN GENERAL. NOW WE WOULD LIKE TO KNOW WHETHER YOU THINK THESE SOCIAL SECURITY CHANGES MIGHT AFFECT YOUR OWN BENEFITS.

ON A SCALE FROM 0 TO 100, WHAT DO YOU THINK IS THE PERCENT CHANCE THAT OVER THE NEXT 10 YEARS THERE WILL BE CHANGES TO SOCIAL SECURITY THAT WILL REDUCE YOUR FUTURE BENEFITS COMPARED TO WHAT YOU WOULD GET UNDER THE CURRENT SYSTEM?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
         
   
KP047

Chance mutual funds worth more nxt yr

WE ARE INTERESTED IN HOW WELL YOU THINK THE ECONOMY WILL DO IN THE FUTURE.

BY NEXT YEAR AT THIS TIME, WHAT IS THE PERCENT CHANCE THAT MUTUAL FUND SHARES INVESTED IN BLUE CHIP STOCKS LIKE THOSE IN THE DOW JONES INDUSTRIAL AVERAGE WILL BE WORTH MORE THAN THEY ARE TODAY?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
If Chance mutual funds worth more nxt yr = 50 »
 
       
     
KP113

Epistimic uncertainty stocks up or down

DO YOU THINK THAT IT IS ABOUT EQUALLY LIKELY THAT THESE MUTUAL FUND SHARES WILL INCREASE IN WORTH AS IT IS THAT THEY WILL DECREASE IN WORTH BY THIS TIME NEXT YEAR, OR ARE YOU JUST UNSURE ABOUT THE CHANCES [, OR DO YOU THINK NO ONE CAN KNOW THESE THINGS] ?
expand
       
   
KP114

Chance shares rise > cost living0yrs

NOW THINK 10 YEARS INTO THE FUTURE.

WHAT ARE THE CHANCES THE PRICE OF THESE MUTUAL FUND SHARES WILL INCREASE FASTER THAN THE COST OF LIVING OVER THE NEXT 10 YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
KP115

Chance shares rise 8 percent0yrs

OVER THE NEXT 10 YEARS WHAT ARE THE CHANCES THE PRICE OF THESE MUTUAL FUND SHARES WILL INCREASE BY 8 PERCENT OR MORE PER YEAR ON AVERAGE?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
KP117

Avg annual rate of return0yrs

NOW THINK HOW THESE MUTUAL FUND SHARES MIGHT HAVE PERFORMED OVER THE PAST TEN YEARS. WHAT WOULD YOU GUESS WAS THE AVERAGE ANNUAL RATE OF RETURN EARNED DURING THE PAST TEN YEARS?

PERCENT:

DO NOT PROBE DK/RF
expand
     
   
If Avg annual rate of return0yrs = 998 or Avg annual rate of return0yrs = 999 »
 
       
     
KP118_B

Avg annual rate of return

WAS IT ... PER YEAR
expand
       
   
KP116

Chance cost living rise 5 percent0yrs

OVER THE NEXT 10 YEARS WHAT ARE THE CHANCES THE COST OF LIVING WILL INCREASE BY 5 PERCENT OR MORE PER YEAR ON AVERAGE?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
     
   
If R ever interviewed != REINTERVIEW »
 
       
     
KP097

How closely follow stock market

HOW CLOSELY DO YOU FOLLOW THE STOCK MARKET: VERY CLOSELY, SOMEWHAT, OR NOT AT ALL?
expand
       
   
If BORN includes MEXICO (KB005 and KZ207) »
 
       
     
KP100

Move back to mexico in 5 yrs

WHAT ARE THE CHANCES THAT YOU WOULD GO BACK TO LIVE IN MEXICO IN THE NEXT 5 YEARS?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
     
KP101

Move back to mexico in 5 yrs for health

IF YOU HAVE A SERIOUS HEALTH PROBLEM IN THE NEXT FIVE YEARS, WHAT ARE THE CHANCES THAT YOU WOULD GO BACK TO LIVE IN MEXICO?

(00---10---20---30---40---50---60---70---80---90---100)

00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
expand
       
   
If R current age calculation < 65 »
 
       
     
KP036

Risk aversion on the job

READ SLOWLY

NOW I HAVE ANOTHER KIND OF QUESTION. SUPPOSE THAT YOU ARE THE ONLY INCOME EARNER IN THE FAMILY. YOUR DOCTOR RECOMMENDS THAT YOU MOVE BECAUSE OF ALLERGIES, AND YOU HAVE TO CHOOSE BETWEEN TWO POSSIBLE JOBS.

THE FIRST WOULD GUARANTEE YOUR CURRENT TOTAL FAMILY INCOME FOR LIFE. THE SECOND IS POSSIBLY BETTER PAYING, BUT THE INCOME IS ALSO LESS CERTAIN. THERE IS A 50-50 CHANCE THE SECOND JOB WOULD DOUBLE YOUR TOTAL LIFETIME INCOME AND A 50-50 CHANCE THAT IT WOULD CUT IT BY A THIRD.

WHICH JOB WOULD YOU TAKE -- THE FIRST JOB OR THE SECOND JOB?
expand
       
     
If Risk aversion on the job != 1 and Risk aversion on the job != DONTKNOW and Risk aversion on the job != REFUSAL »
 
         
       
KP037

Risk aversion on the job - 2

SUPPOSE THE CHANCES WERE 50-50 THAT THE SECOND JOB WOULD DOUBLE YOUR LIFETIME INCOME, AND 50-50 THAT IT WOULD CUT IT IN HALF.

WOULD YOU TAKE THE FIRST JOB OR THE SECOND JOB?
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If Risk aversion on the job - 2 != 1 and Risk aversion on the job - 2 != DONTKNOW and Risk aversion on the job - 2 != REFUSAL »
 
           
         
KP039

Risk aversion on the job - 4

SUPPOSE THE CHANCES WERE 50-50 THAT THE SECOND JOB WOULD DOUBLE YOUR LIFETIME INCOME AND 50-50 THAT IT WOULD CUT IT BY TWENTY PERCENT.

WOULD YOU TAKE THE FIRST JOB OR THE SECOND JOB?
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If Risk aversion on the job - 4 != 2 and Risk aversion on the job - 4 != DONTKNOW and Risk aversion on the job - 4 != REFUSAL »
 
             
           
KP040

Risk aversion on the job - 5

SUPPOSE THE CHANCES WERE 50-50 THAT THE SECOND JOB WOULD DOUBLE YOUR LIFETIME INCOME AND 50-50 THAT IT WOULD CUT IT BY 10 PERCENT.

WOULD YOU TAKE THE FIRST JOB OR THE SECOND JOB?
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If R current age calculation >= 65 »
 
       
     
KP060

Risk aversion business investment

READ SLOWLY

NOW I HAVE ANOTHER KIND OF QUESTION. SUPPOSE THAT A DISTANT RELATIVE LEFT YOU A SHARE IN A PRIVATE BUSINESS WORTH ONE MILLION DOLLARS. YOU ARE IMMEDIATELY FACED WITH A CHOICE -- WHETHER TO CASH OUT NOW AND TAKE THE ONE MILLION DOLLARS, OR TO WAIT UNTIL THE COMPANY GOES PUBLIC IN ONE MONTH, WHICH WOULD GIVE YOU A 50-50 CHANCE OF DOUBLING YOUR MONEY TO TWO MILLION DOLLARS AND A 50-50 CHANCE OF LOSING ONE-THIRD OF IT, LEAVING YOU 667 THOUSAND DOLLARS.

WOULD YOU CASH OUT IMMEDIATELY OR WAIT UNTIL AFTER THE COMPANY GOES PUBLIC?
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If Risk aversion business investment = 2 »
 
         
       
KP061

Risk aversion business investment - 2

SUPPOSE THAT WAITING A MONTH, UNTIL AFTER THE COMPANY GOES PUBLIC, WOULD RESULT IN A 50-50 CHANCE THAT THE MONEY WOULD BE DOUBLED TO TWO MILLION DOLLARS AND A 50-50 CHANCE THAT IT WOULD BE REDUCED BY HALF, TO 500 THOUSAND DOLLARS.

WOULD YOU CASH OUT IMMEDIATELY AND TAKE THE ONE MILLION DOLLARS, OR WAIT UNTIL THE COMPANY GOES PUBLIC?
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If Risk aversion business investment - 2 = 2 »
 
           
         
KP062

Risk aversion business investment - 3

SUPPOSE THE CHANCES WERE 50-50 THAT WAITING WOULD DOUBLE YOUR MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD REDUCE IT BY SEVENTY-FIVE PERCENT, TO 250 THOUSAND DOLLARS.

WOULD YOU CASH OUT IMMEDIATELY AND TAKE THE ONE MILLION DOLLARS, OR WAIT UNTIL AFTER THE COMPANY GOES PUBLIC?
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ElseIf Risk aversion business investment = 1 »
 
         
       
KP063

Risk aversion business investment - 4

SUPPOSE THAT WAITING A MONTH, UNTIL AFTER THE COMPANY GOES PUBLIC, WOULD RESULT IN A 50-50 CHANCE THAT THE MONEY WOULD BE DOUBLED TO TWO MILLION DOLLARS AND A 50-50 CHANCE THAT IT WOULD BE REDUCED BY TWENTY PERCENT, TO 800 THOUSAND DOLLARS.

WOULD YOU CASH OUT IMMEDIATELY AND TAKE THE ONE MILLION DOLLARS, OR WAIT UNTIL AFTER THE COMPANY GOES PUBLIC?
expand
         
       
If Risk aversion business investment - 4 = 1 »
 
           
         
KP064

Risk aversion business investment - 5

SUPPOSE THE CHANCES WERE 50-50 THAT WAITING WOULD DOUBLE YOUR MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD REDUCE IT BY TEN PERCENT, TO 900 THOUSAND DOLLARS.

WOULD YOU CASH OUT IMMEDIATELY AND TAKE THE ONE MILLION DOLLARS, OR WAIT UNTIL AFTER THE COMPANY GOES PUBLIC?
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KP065

Risk inheritance investment

READ SLOWLY

NOW I HAVE ANOTHER KIND OF QUESTION. SUPPOSE THAT YOU UNEXPECTEDLY INHERITED ONE MILLION DOLLARS FROM A DISTANT RELATIVE. YOU ARE IMMEDIATELY FACED WITH THE OPPORTUNITY TO TAKE A ONE-TIME RISKY, BUT POSSIBLY REWARDING INVESTMENT OPTION THAT HAS A 50-50 CHANCE OF DOUBLING THE MONEY TO TWO MILLION DOLLARS WITHIN A MONTH AND A 50-50 CHANCE OF REDUCING THE MONEY BY ONE-THIRD, TO 667 THOUSAND DOLLARS, WITHIN A MONTH.

WOULD YOU TAKE THE RISKY INVESTMENT OPTION OR NOT?
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If Risk inheritance investment = 1 »
 
         
       
KP066

Risk inheritance investment - 2

SUPPOSE THAT THE CHANCES WERE 50-50 THAT THE RISKY INVESTMENT OPTION WOULD DOUBLE THE MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD CUT IT IN HALF, TO 500 THOUSAND DOLLARS.

WOULD YOU TAKE THE RISKY INVESTMENT OPTION OR NOT?
expand
         
       
If Risk inheritance investment - 2 = 1 »
 
           
         
KP067

Risk inheritance investment - 3

SUPPOSE THE CHANCES WERE 50-50 THAT THE RISKY INVESTMENT OPTION WOULD DOUBLE YOUR MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD REDUCE IT BY SEVENTY-FIVE PERCENT, TO 250 THOUSAND DOLLARS.

WOULD YOU TAKE THE RISKY INVESTMENT OPTION OR NOT?
expand
           
     
ElseIf Risk inheritance investment = 5 »
 
         
       
KP068

Risk inheritance investment - 4

SUPPOSE THAT THE CHANCES WERE 50-50 THAT THE RISKY INVESTMENT OPTION WOULD DOUBLE THE MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD CUT IT BY TWENTY PERCENT, TO 800 THOUSAND DOLLARS.

WOULD YOU TAKE THE RISKY INVESTMENT OPTION OR NOT?
expand
         
       
If Risk inheritance investment - 4 = 5 »
 
           
         
KP069

Risk inheritance investment - 5

SUPPOSE THE CHANCES WERE 50-50 THAT THE RISKY INVESTMENT OPTION WOULD DOUBLE YOUR MONEY TO TWO MILLION DOLLARS AND 50-50 THAT IT WOULD REDUCE IT BY TEN PERCENT, TO 900 THOUSAND DOLLARS.

WOULD YOU TAKE THE RISKY INVESTMENT OPTION OR NOT?
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KP041

Fam financial timeline - save/spend/plan

IN DECIDING HOW MUCH OF THEIR [FAMILY] INCOME TO SPEND OR SAVE, PEOPLE ARE LIKELY TO THINK ABOUT DIFFERENT FINANCIAL PLANNING PERIODS. READ SLOWLY

IN PLANNING YOUR (FAMILY'S) SAVING AND SPENDING, WHICH OF THE FOLLOWING TIME PERIODS IS MOST IMPORTANT TO YOU [AND YOUR] [YOU/HUSBAND/WIFE/PARTNER] , THE NEXT FEW MONTHS, THE NEXT YEAR, THE NEXT FEW YEARS, THE NEXT 5-10 YEARS, OR LONGER THAN 10 YEARS?
expand
   
 
If Count of kids - not their spouses > 0 »
 
     
   
KP042

Compare projected child hh earnings

WHEN YOUR CHILDREN GET TO BE YOUR AGE, DO YOU THINK THEIR STANDARD OF LIVING WILL BE HIGHER, LOWER, OR THE SAME AS YOURS IS NOW?
expand
     
   
If Compare projected child hh earnings = 1 »
 
       
     
KP043

Compare child earnings - higher

WOULD YOU SAY MUCH HIGHER?
expand
       
   
If Compare projected child hh earnings = 2 »
 
       
     
KP044

Compare child earnings - lower

WOULD YOU SAY MUCH LOWER?
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KP056

P056 - assist section p - expectations

HOW OFTEN DID R RECEIVE ASSISTANCE WITH ANSWERS IN SECTION P - EXPECTATIONS?

USER NOTE: SECTION P WAS INTENDED TO ONLY BE ANSWERED BY THOSE DESIGNATED AS A SELF-INTERVIEW (KA009); HOWEVER, THERE ARE 63 WHERE THIS SECTION WAS COMPLETED BY A PROXY. DURING THE COURSE OF THE INTERVIEW, THEY SWITCHED TO A PROXY REPORTER.
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End of P. Expectations (respondent)