Table 2 UNIVARIABLE ANALYSIS of demographic variables associated with the intention to completely retire from the workforce for Baby Boomers aged 50+
|  | n/N |   % | OR (95% OR) | p value |
|---|---|---|---|---|
Sex | Â | Â | Â | Â |
Male | 87/407 | 21.4 | 1.00 | Â |
Female | 123/406 | 30.4 | 1.61 (1.17 - 2.21) | 0.003 |
Education | Â | Â | Â | Â |
Bachelor degree or higher | 23/154 | 14.9 | 1.00 | Â |
Certificate/Diploma | 40/185 | 21.4 | 1.56 (0.88 - 2.74) | 0.125 |
Trade/apprenticeship | 35/130 | 26.7 | 2.08 (1.16 - 3.75) | 0.015 |
No schooling to secondary | 95/274 | 34.8 | 3.05 (1.83 - 5.07) | <0.001 |
Marital Status | Â | Â | Â | Â |
Married or living with partner | 166/650 | 25.6 | 1.00 | Â |
Other | 44/162 | 27.1 | 1.08 (0.73 - 1.60) | 0.692 |
Household income per year | Â | Â | Â | Â |
$80,001+ | 87/335 | 26.1 | 1.00 | Â |
$40,001-$80,000 | 73/275 | 26.6 | 1.02 (0.71 - 1.47) | 0.903 |
$0 - $40,000 | 36/133 | 26.9 | 1.04 (0.66 - 1.64) | 0.861 |
Not stated/refused/don't know | 14/69 | 20.1 | 0.71 (0.38 - 1.35) | 0.296 |
Given your current financial needs would you say you are… |  |  |  |  |
Very comfortable | 34/147 | 23.1 | 1.00 | Â |
Reasonably comfortable | 122/473 | 25.9 | 1.16 (0.75 - 1.79) | 0.502 |
Just getting along | 53/191 | 27.6 | 1.27 (0.77 - 2.08) | 0.351 |
Household structure | Â | Â | Â | Â |
Parents biological/step/blended/sole with children | 57/244 | 23.2 | 1.00 | Â |
Adults with no children | 154/568 | 27.0 | 1.22 (0.86 - 1.74) | 0.259 |
Description of saving habits | Â | Â | Â | Â |
Don't save | 21/121 | 17.7 | 1.00 | Â |
Save but no regular plan to Save regularly | 189/691 | 27.3 | 1.75 (1.07 - 2.87) | 0.027 |
Overall | 210/812 | 25.9 | Â | Â |