Financial perceptions and subjective well-being among older adults.

ABSTRACT:

Objective

To examine how subjective financial well-being (SFWB) relates to subjective well-being (SWB) among older adults in the U.S. Beyond material resources, SFWB reflects perceptions of present and future security, stability, and freedom of choice. This study tested whether hopelessness mediates the SFWB-SWB relationship and whether perceived social support, both positive (PSS) and negative (NSS), moderates this pathway.

Methods

Data came from 4,570 respondents (Mean age = 69; 56% female) in the Health and Retirement Study, a nationally representative panel survey of U.S. adults over age 50, sponsored by the National Institute on Aging. SFWB was measured using the Consumer Financial Protection Bureau's (CFPB) 10-item scale, a multidimensional instrument that captures not

SUBMITTER: Jafari Bidgoli M 

PROVIDER: S-EPMC12816292 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature