H. Expectations (Respondent)

This module asks about respondent’s expectation about his/her life and work, as well as the overall US economy.

item label type description
H_HHID Question HOUSEHOLD IDENTIFIER
H_PN Question PERSON NUMBER
H_FSUBHH Question 1998 SUB-HOUSEHOLD IDENTIFIER
H_ESUBHH Question 1996 SUB-HOUSEHOLD IDENTIFIER
H_DSUBHH Question 1995 SUB-HOUSEHOLD IDENTIFIER
H_FPN_SP Question 1998 SPOUSE/PARTNER PERSON NUMBER
H_FCSR Question 1998 WHETHER COVERSHEET RESPONDENT
H_FFAMR Question 1998 WHETHER FAMILY RESPONDENT
H_FFINR Question 1998 WHETHER FINANCIAL RESPONDENT
H_FQNR Question 1998 QUESTIONNAIRE
H_F4560 Question RISK AVERSION RANDOM NUMBER
F4569 Question H0.INTRO
F4571 Question H1.EXP:INC-INFLATION
F4572 Question H2. LEAVE INHERIT. 10K
F4574 Question H2A. LEAVE INHERIT. 100K
F4575 Question H2B. LEAVE ANY INHERIT
F4576 Question H3. RECEIVE INHERIT.
H_CKPT1 Question H_CK2.PROBABILITY SCALE CHECKPOINT
F4578 Question H3A. RECEIVE INHERIT AMOUNT.
F4579 Question H3B. MORE THAN 50K
F4580 Question H3C. MORE THAN 10K
F4581 Question H3D. MORE THAN 250K
F4582 Question H3E. MORE THAN 1MILL
F4583 Question H4. LIKELIHOOD LOST JOB
F4584 Question H5. LIKELIHOOD FIND JOB
F4585 Question H6. WORK FUTURE
F4589 Question H7. WORK AFTER 62
F4590 Question H8. WORK AFTER 65
F4591 Question H9. HEALTH LIMIT WORK
F4593 Question H9A. FIND JOB
F4597 Question H10. CHANCE MOVE
F4598 Question H10A. CHANCES WILL MOVE
F4599M Question H10B.MOVE TO ANOTHER REGION
F4602 Question H10C. BUY/BUILD/RENT
F4603 Question H10D. WITH WHOM LIVE
F4605 Question H11. CHANCE LIVE TO 75
F4607 Question H12. CHANCE LIVE TO 85
F4608 Question H13. GIVE MAJOR FINANCIAL HELP
F4609 Question H13A. RECEIVE MAJOR FINANCIAL
F4610 Question H14. MOVE TO NURSING HOME
F4611 Question H15. DOUBLE-DIGITS INFLATION
F4612 Question H16. MAJOR DEPRESSION
F4613 Question H17. CONGRESS
F4614 Question H18. RISK AVERSION-1
F4615 Question H18A. RISK AVERSION-2
F4616 Question H18B. RISK AVERSION-3
F4617 Question H18C. RISK AVERSION-4
F4618 Question H18D. RISK AVERSION-5
F4619 Question H19. PLANNING/SAVING/SPENDING
F4620 Question H20. CHILDREN HH EARNINGS
F4621 Question H20A. CHILD EARNINGS HIGHER
F4622 Question H20B. CHILD EARNINGS LOWER
H_FVERSION Question DATA RELEASE VERSION
Start of H. Expectations (Respondent)
 
F4569

H0.INTRO

H0. NEXT I HAVE SOME QUESTIONS 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.
 
F4571

H1.EXP:INC-INFLATION

H1. WHAT DO YOU THINK ARE THE CHANCES THAT YOUR INCOME WILL KEEP UP WITH INFLATION FOR THE NEXT FIVE YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
 
F4572

H2. LEAVE INHERIT. 10K

H2. INCLUDING PROPERTY AND OTHER VALUABLES THAT YOU MIGHT OWN, WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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
 
If H2. LEAVE INHERIT. 10K != 98 or H2. LEAVE INHERIT. 10K != 99 »
 
   
 
F4574

H2A. LEAVE INHERIT. 100K

H2A. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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
   
F4575

H2B. LEAVE ANY INHERIT

H2B. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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
 
F4576

H3. RECEIVE INHERIT.

H3. AND HOW ABOUT THE CHANCES THAT YOU WILL RECEIVE AN INHERITANCE WITHIN THE NEXT 10 YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
 
If H1.EXP:INC-INFLATION != 98 and H1.EXP:INC-INFLATION != 99 and H2. LEAVE INHERIT. 10K != 98 and H2. LEAVE INHERIT. 10K != 99 and H3. RECEIVE INHERIT. != 98 and H3. RECEIVE INHERIT. != 99 »
 
   
 
If H3. RECEIVE INHERIT. != 0 and H3. RECEIVE INHERIT. != 98 and H3. RECEIVE INHERIT. != 99 »
 
     
   
F4578

H3A. RECEIVE INHERIT AMOUNT.

H3A. ABOUT HOW LARGE DO YOU EXPECT THAT INHERITANCE TO BE? DO NOT PROBE DK AMOUNT:
     
   
If H3A. RECEIVE INHERIT AMOUNT. = 98 or H3A. RECEIVE INHERIT AMOUNT. = 99 »
 
       
     
F4579

H3B. MORE THAN 50K

H3B. WOULD IT AMOUNT TO LESS THAN $50,000, MORE THAN $50,000 OR WHAT?
       
     
If H3B. MORE THAN 50K = 1 »
 
         
       
F4580

H3C. MORE THAN 10K

H3C. (WOULD IT AMOUNT TO) LESS THAN $10,000, MORE THAN $10,000 OR WHAT?
         
     
Else If H3B. MORE THAN 50K = 5 »
 
         
       
F4581

H3D. MORE THAN 250K

H3D. (WOULD IT AMOUNT TO) LESS THAN $250,000, MORE $250,000, OR WHAT?
         
       
If H3D. MORE THAN 250K = 5 »
 
           
         
F4582

H3E. MORE THAN 1MILL

H3E. (WOULD IT AMOUNT TO) LESS THAN A MILLION DOLLARS, MORE THAN A MILLION DOLLARS, OR WHAT?
           
 
If G2 = 1 and G3 != 2 »
 
     
   
F4583

H4. LIKELIHOOD LOST JOB

H4. 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
     
   
F4584

H5. LIKELIHOOD FIND JOB

H5. 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
     
 
If G2 != 1 »
 
     
   
F4585

H6. WORK FUTURE

H6. (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
     
 
If G2 = 1 »
 
     
   
If G2 =1 and R’S CURRENT AGE IS NOT GRATER THAN 62 »
 
       
     
F4589

H7. WORK AFTER 62

H7. IF Q3132 IS (1) THINKING ABOUT WORK IN GENERAL AND NOT JUST YOUR PRESENT JOB, WHAT DO YOU THINK THE CHANCES ARE THAT YOU WILL BE WORKING ELSE WHAT DO YOU THINK THE CHANCES ARE THAT YOU WILL BE WORKING END 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
       
   
If R’S CURRENT AGE IS NOT GRATER THAN 65 »
 
       
     
F4590

H8. WORK AFTER 65

H8. 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
       
     
F4591

H9. HEALTH LIMIT WORK

H9. WHAT ABOUT THE CHANCES THAT YOUR HEALTH WILL LIMIT YOUR WORK ACTIVITY DURING THE NEXT 10 YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN 996 ALREADY LIMITS WORK ACTIVITY
       
 
If G109 = 1 and G115 = 1 »
 
     
   
F4593

H9A. FIND JOB

H9A. 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
     
 
If R IS OLDER THAN 65 or IS NOT REINTERVIEW »
 
     
   
F4597

H10. CHANCE MOVE

H10. NOW USING THE SAME SCALE AS BEFORE WHERE "0" IS ABSOLUTELY NO CHANCE AND "100" MEANS THAT IT IS ABSOLUTELY CERTAIN, PLEASE TELL ME WHAT YOU THINK ARE THE CHANCES THAT YOU WILL MOVE IN THE NEXT TWO YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
     
   
If R ANSWERED F4597 AS GREATER THAN 60 PERCENT »
 
       
     
F4598

H10A. CHANCES WILL MOVE

H10A. DO YOU THINK YOU WILL MOVE TO ANOTHER STATE?
       
     
If H10A. CHANCES WILL MOVE = 1 »
 
         
       
F4599M

H10B.MOVE TO ANOTHER REGION

H10B. WHICH STATE?
         
     
F4602

H10C. BUY/BUILD/RENT

H10C. DO YOU THINK YOU WILL BUY OR BUILD A HOME, RENT, MOVE IN WITH SOMEONE ELSE OR WHAT?
       
     
If H10C. BUY/BUILD/RENT = 3 »
 
         
       
F4603

H10D. WITH WHOM LIVE

H10D. WITH WHOM WOULD YOU LIVE?
         
 
If R IS LESS THAN 65 »
 
     
   
F4605

H11. CHANCE LIVE TO 75

H11. (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
     
 
If R IS LESS THAN 75 »
 
     
   
F4607

H12. CHANCE LIVE TO 85

H12. (WHAT IS THE PERCENT CHANCE) THAT YOU WILL LIVE TO BE 85 OR MORE? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
     
 
F4608

H13. GIVE MAJOR FINANCIAL HELP

H13. (USING A NUMBER FROM 0-100) WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN
   
 
F4609

H13A. RECEIVE MAJOR FINANCIAL

H13A. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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
   
 
If CS11.LIVING FACILITY != 1 »
 
     
   
F4610

H14. MOVE TO NURSING HOME

H14. IF Q1014 IS (GT0 AND LT65) OR (Q1014 IS (0) AND Q461 IS (3-4)) (WHAT IS THE PERCENT CHANCE) THAT YOU WILL EVER HAVE TO MOVE TO A NURSING HOME? ELSE (WHAT IS THE PERCENT CHANCE) THAT YOU WILL MOVE TO A NURSING HOME IN THE NEXT FIVE YEARS? END 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
     
 
F4611

H15. DOUBLE-DIGITS INFLATION

H15. AND HOW ABOUT THE CHANCES THAT THE U.S. ECONOMY WILL EXPERIENCE DOUBLE- DIGIT INFLATION 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
   
 
If NOT REINTERVIEW R »
 
     
   
F4612

H16. MAJOR DEPRESSION

H16. 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
     
   
F4613

H17. CONGRESS

H17. HOW ABOUT THE CHANCES THAT CONGRESS WILL CHANGE SOCIAL SECURITY SOMETIME IN THE NEXT 10 YEARS OR SO, 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
     
If R IS includes AHEAD COHORT or {R IS includes HRS COHORT and IS
 
   
 
REINTERVIEW R and IS NOT IN CHOSEN 10%} THEN
   
 
F4614

H18. RISK AVERSION-1

H18. IWER: 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?
   
 
If H18. RISK AVERSION-1 != 8 and H18. RISK AVERSION-1 != 9 »
 
     
   
If H18. RISK AVERSION-1 = 2 »
 
       
     
F4615

H18A. RISK AVERSION-2

H18A. 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?
       
     
If H18. RISK AVERSION-1 = 2 »
 
         
       
F4616

H18B. RISK AVERSION-3

H18B.SUPPOSE THE CHANCES WERE 50-50 THAT THE SECOND JOB WOULD DOUBLE YOUR LIFETIME INCOME AND 50-50 THAT IT WOULD CUT IT BY SEVENTY-FIVE PERCENT. WOULD YOU TAKE THE FIRST JOB OR THE SECOND JOB?
         
   
Else
 
       
     
F4617

H18C. RISK AVERSION-4

H18C.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?
       
     
If H18C. RISK AVERSION-4 = 1 »
 
         
       
F4618

H18D. RISK AVERSION-5

H18D. 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?
         
 
F4619

H19. PLANNING/SAVING/SPENDING

H19. IN DECIDING HOW MUCH OF THEIR (FAMILY/...) INCOME TO SPEND OR SAVE, PEOPLE ARE LIKELY TO THINK ABOUT DIFFERENT FINANCIAL PLANNING PERIODS. IN PLANNING YOUR (FAMILY'S) SAVING AND SPENDING, WHICH OF THE FOLLOWING TIME PERIODS IS MOST IMPORTANT TO YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR PARTNER/...), THE NEXT FEW MONTHS, THE NEXT YEAR, THE NEXT FEW YEARS, THE NEXT 5-10 YEARS, OR LONGER THAN 10 YEARS?
   
If G3 = 1 »
 
   
 
F4620

H20. CHILDREN HH EARNINGS

H20. WHEN YOUR CHILDREN GET TO BE YOUR AGE, DO YOU THINK THEIR HOUSEHOLD EARNINGS ADJUSTED FOR INFLATION WILL BE HIGHER, LOWER, OR THE SAME AS YOURS ARE NOW?
   
 
If H20. CHILDREN HH EARNINGS = 1 »
 
     
   
F4621

H20A. CHILD EARNINGS HIGHER

H20A. WOULD YOU SAY MUCH HIGHER?
     
 
Else If H20. CHILDREN HH EARNINGS = 2 »
 
     
   
F4622

H20B. CHILD EARNINGS LOWER

H20B. WOULD YOU SAY MUCH LOWER?
     
End of H. Expectations (Respondent)
Start of H. Expectations (Respondent)

========================================================================
F4569
H0.INTRO

H0. NEXT I HAVE SOME QUESTIONS 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.

========================================================================
F4571
H1.EXP:INC-INFLATION

H1. WHAT DO YOU THINK ARE THE CHANCES THAT YOUR INCOME WILL KEEP UP WITH INFLATION FOR THE NEXT FIVE YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

========================================================================
F4572
H2. LEAVE INHERIT. 10K

H2. INCLUDING PROPERTY AND OTHER VALUABLES THAT YOU MIGHT OWN, WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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

If H2. LEAVE INHERIT. 10K (F4572) != 98 or H2. LEAVE INHERIT. 10K (F4572) != 99 »

|  ========================================================================
F4574
H2A. LEAVE INHERIT. 100K

H2A. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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

========================================================================
F4575
H2B. LEAVE ANY INHERIT

H2B. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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

========================================================================
F4576
H3. RECEIVE INHERIT.

H3. AND HOW ABOUT THE CHANCES THAT YOU WILL RECEIVE AN INHERITANCE WITHIN THE NEXT 10 YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

If H1.EXP:INC-INFLATION (F4571) != 98 and H1.EXP:INC-INFLATION (F4571) != 99 and H2. LEAVE INHERIT. 10K (F4572) != 98 and H2. LEAVE INHERIT. 10K (F4572) != 99 and H3. RECEIVE INHERIT. (F4576) != 98 and H3. RECEIVE INHERIT. (F4576) != 99 »

If H3. RECEIVE INHERIT. (F4576) != 0 and H3. RECEIVE INHERIT. (F4576) != 98 and H3. RECEIVE INHERIT. (F4576) != 99 »

| |  ========================================================================
| | 
F4578
H3A. RECEIVE INHERIT AMOUNT.

H3A. ABOUT HOW LARGE DO YOU EXPECT THAT INHERITANCE TO BE? DO NOT PROBE DK AMOUNT:

| |  If H3A. RECEIVE INHERIT AMOUNT. (F4578) = 98 or H3A. RECEIVE INHERIT AMOUNT. (F4578) = 99 »

| | |  ========================================================================
| | | 
F4579
H3B. MORE THAN 50K

H3B. WOULD IT AMOUNT TO LESS THAN $50,000, MORE THAN $50,000 OR WHAT?

| | |  If H3B. MORE THAN 50K (F4579) = 1 »

| | | |  ========================================================================
| | | | 
F4580
H3C. MORE THAN 10K

H3C. (WOULD IT AMOUNT TO) LESS THAN $10,000, MORE THAN $10,000 OR WHAT?

| | |  Else If H3B. MORE THAN 50K (F4579) = 5 »

| | | |  ========================================================================
| | | | 
F4581
H3D. MORE THAN 250K

H3D. (WOULD IT AMOUNT TO) LESS THAN $250,000, MORE $250,000, OR WHAT?

| | | |  If H3D. MORE THAN 250K (F4581) = 5 »

| | | | |  ========================================================================
| | | | | 
F4582
H3E. MORE THAN 1MILL

H3E. (WOULD IT AMOUNT TO) LESS THAN A MILLION DOLLARS, MORE THAN A MILLION DOLLARS, OR WHAT?

If G2 = 1 and G3 != 2 »

| |  ========================================================================
| | 
F4583
H4. LIKELIHOOD LOST JOB

H4. 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

| |  ========================================================================
| | 
F4584
H5. LIKELIHOOD FIND JOB

H5. 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

If G2 != 1 »

| |  ========================================================================
| | 
F4585
H6. WORK FUTURE

H6. (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

If G2 = 1 »

| |  If G2 =1 and R’S CURRENT AGE IS NOT GRATER THAN 62 »

| | |  ========================================================================
| | | 
F4589
H7. WORK AFTER 62

H7. IF Q3132 IS (1) THINKING ABOUT WORK IN GENERAL AND NOT JUST YOUR PRESENT JOB, WHAT DO YOU THINK THE CHANCES ARE THAT YOU WILL BE WORKING ELSE WHAT DO YOU THINK THE CHANCES ARE THAT YOU WILL BE WORKING END 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

| |  If R’S CURRENT AGE IS NOT GRATER THAN 65 »

| | |  ========================================================================
| | | 
F4590
H8. WORK AFTER 65

H8. 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

| | |  ========================================================================
| | | 
F4591
H9. HEALTH LIMIT WORK

H9. WHAT ABOUT THE CHANCES THAT YOUR HEALTH WILL LIMIT YOUR WORK ACTIVITY DURING THE NEXT 10 YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN 996 ALREADY LIMITS WORK ACTIVITY

If G109 = 1 and G115 = 1 »

| |  ========================================================================
| | 
F4593
H9A. FIND JOB

H9A. 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

If R IS OLDER THAN 65 or IS NOT REINTERVIEW »

| |  ========================================================================
| | 
F4597
H10. CHANCE MOVE

H10. NOW USING THE SAME SCALE AS BEFORE WHERE "0" IS ABSOLUTELY NO CHANCE AND "100" MEANS THAT IT IS ABSOLUTELY CERTAIN, PLEASE TELL ME WHAT YOU THINK ARE THE CHANCES THAT YOU WILL MOVE IN THE NEXT TWO YEARS? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

| |  If R ANSWERED F4597 AS GREATER THAN 60 PERCENT »

| | |  ========================================================================
| | | 
F4598
H10A. CHANCES WILL MOVE

H10A. DO YOU THINK YOU WILL MOVE TO ANOTHER STATE?

| | |  If H10A. CHANCES WILL MOVE (F4598) = 1 »

| | | |  ========================================================================
| | | | 
F4599M
H10B.MOVE TO ANOTHER REGION

H10B. WHICH STATE?

| | |  ========================================================================
| | | 
F4602
H10C. BUY/BUILD/RENT

H10C. DO YOU THINK YOU WILL BUY OR BUILD A HOME, RENT, MOVE IN WITH SOMEONE ELSE OR WHAT?

| | |  If H10C. BUY/BUILD/RENT (F4602) = 3 »

| | | |  ========================================================================
| | | | 
F4603
H10D. WITH WHOM LIVE

H10D. WITH WHOM WOULD YOU LIVE?

If R IS LESS THAN 65 »

| |  ========================================================================
| | 
F4605
H11. CHANCE LIVE TO 75

H11. (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

If R IS LESS THAN 75 »

| |  ========================================================================
| | 
F4607
H12. CHANCE LIVE TO 85

H12. (WHAT IS THE PERCENT CHANCE) THAT YOU WILL LIVE TO BE 85 OR MORE? (00---10---20---30---40---50---60---70---80---90---100) 00 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

|  ========================================================================
F4608
H13. GIVE MAJOR FINANCIAL HELP

H13. (USING A NUMBER FROM 0-100) WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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 ABSOLUTELY NO CHANCE 100 ABSOLUTELY CERTAIN

|  ========================================================================
F4609
H13A. RECEIVE MAJOR FINANCIAL

H13A. WHAT ARE THE CHANCES THAT YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR 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

If CS11.LIVING FACILITY (CS11) != 1 »

| |  ========================================================================
| | 
F4610
H14. MOVE TO NURSING HOME

H14. IF Q1014 IS (GT0 AND LT65) OR (Q1014 IS (0) AND Q461 IS (3-4)) (WHAT IS THE PERCENT CHANCE) THAT YOU WILL EVER HAVE TO MOVE TO A NURSING HOME? ELSE (WHAT IS THE PERCENT CHANCE) THAT YOU WILL MOVE TO A NURSING HOME IN THE NEXT FIVE YEARS? END 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

|  ========================================================================
F4611
H15. DOUBLE-DIGITS INFLATION

H15. AND HOW ABOUT THE CHANCES THAT THE U.S. ECONOMY WILL EXPERIENCE DOUBLE- DIGIT INFLATION 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

If NOT REINTERVIEW R »

| |  ========================================================================
| | 
F4612
H16. MAJOR DEPRESSION

H16. 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

| |  ========================================================================
| | 
F4613
H17. CONGRESS

H17. HOW ABOUT THE CHANCES THAT CONGRESS WILL CHANGE SOCIAL SECURITY SOMETIME IN THE NEXT 10 YEARS OR SO, 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

If R IS IN AHEAD COHORT or {R IS IN HRS COHORT and IS

|  ========================================================================
REINTERVIEW R and IS NOT IN CHOSEN 10%} THEN
REINTERVIEW R and IS NOT IN CHOSEN 10%} THEN

|  ========================================================================
F4614
H18. RISK AVERSION-1

H18. IWER: 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?

If H18. RISK AVERSION-1 (F4614) != 8 and H18. RISK AVERSION-1 (F4614) != 9 »

| |  If H18. RISK AVERSION-1 (F4614) = 2 »

| | |  ========================================================================
| | | 
F4615
H18A. RISK AVERSION-2

H18A. 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?

| | |  If H18. RISK AVERSION-1 (F4614) = 2 »

| | | |  ========================================================================
| | | | 
F4616
H18B. RISK AVERSION-3

H18B.SUPPOSE THE CHANCES WERE 50-50 THAT THE SECOND JOB WOULD DOUBLE YOUR LIFETIME INCOME AND 50-50 THAT IT WOULD CUT IT BY SEVENTY-FIVE PERCENT. WOULD YOU TAKE THE FIRST JOB OR THE SECOND JOB?

| |  Else

| | |  ========================================================================
| | | 
F4617
H18C. RISK AVERSION-4

H18C.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?

| | |  If H18C. RISK AVERSION-4 (F4617) = 1 »

| | | |  ========================================================================
| | | | 
F4618
H18D. RISK AVERSION-5

H18D. 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?

|  ========================================================================
F4619
H19. PLANNING/SAVING/SPENDING

H19. IN DECIDING HOW MUCH OF THEIR (FAMILY/...) INCOME TO SPEND OR SAVE, PEOPLE ARE LIKELY TO THINK ABOUT DIFFERENT FINANCIAL PLANNING PERIODS. IN PLANNING YOUR (FAMILY'S) SAVING AND SPENDING, WHICH OF THE FOLLOWING TIME PERIODS IS MOST IMPORTANT TO YOU (AND YOUR HUSBAND/AND YOUR WIFE/AND YOUR PARTNER/...), THE NEXT FEW MONTHS, THE NEXT YEAR, THE NEXT FEW YEARS, THE NEXT 5-10 YEARS, OR LONGER THAN 10 YEARS?

If G3 = 1 »

|  ========================================================================
F4620
H20. CHILDREN HH EARNINGS

H20. WHEN YOUR CHILDREN GET TO BE YOUR AGE, DO YOU THINK THEIR HOUSEHOLD EARNINGS ADJUSTED FOR INFLATION WILL BE HIGHER, LOWER, OR THE SAME AS YOURS ARE NOW?

If H20. CHILDREN HH EARNINGS (F4620) = 1 »

| |  ========================================================================
| | 
F4621
H20A. CHILD EARNINGS HIGHER

H20A. WOULD YOU SAY MUCH HIGHER?

Else If H20. CHILDREN HH EARNINGS (F4620) = 2 »

| |  ========================================================================
| | 
F4622
H20B. CHILD EARNINGS LOWER

H20B. WOULD YOU SAY MUCH LOWER?

End of H. Expectations (Respondent)