Table 2

FWB model – overall financial well-being scores

ComponentVariables (see Kempson, 2017)Retired athletesIreland*Australia*New Zealand*
Meeting commitmentsThree variables related to ability to meet financial commitments94807173
Feeling comfortableFour variables related to current level of comfort with financial situation84615554
Financial resiliencyFour variables related to ability to meet unexpected financial needs via borrowing or drawing from savings88525452
Overall Financial Well-being Score
(weighted average)
89645959

Note(s): *Weighted PCA Scores; Ireland (Kempson and Poppe, 2018) and Australia and New Zealand (ANZ Banking Group Ltd, 2018). Used for comparison purposes. **Weighted PCA Score from available data

Source(s): Created by the authors

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