Using a sample of 2621 respondents from the 2014 Health and Retirement Study (HRS), this study identifies factors associated with who makes complex financial decisions among older couples. Our results show that the bargaining power of wives has a positive association with their decision-making about savings, investments, and health insurance, while the power of husbands is negatively associated with wives being more responsible for decisions about health insurance and tax filing. Moreover, while the husband’s sense of control, risk tolerance, and cognitive ability are associated with decisions for all financial decisions, the wife’s sense of control, risk tolerance, and cognitive ability are related to some financial decisions only. Our results show some moderating roles of the perceived spousal social support, household income, and mother’s education on the association between the four explanatory variables (bargaining power, sense of control, risk tolerance, and cognitive ability) and who makes the financial decisions. The findings provide potential benefits for older couples who consult financial professionals about financial management.

本研究使用来自 2014 年健康与退休研究 (HRS) 的 2621 名受访者样本，确定了与谁在老年夫妇中做出复杂财务决策相关的因素。我们的研究结果表明，妻子的议价能力与其在储蓄、投资和健康保险方面的决策呈正相关，而丈夫的权力与妻子对健康保险和纳税申报的决策负有负相关。此外，虽然丈夫的控制感、风险承受能力和认知能力与所有财务决策有关，但妻子的控制感、风险承受能力和认知能力仅与某些财务决策有关。我们的结果显示了配偶社会支持、家庭收入、以及母亲对四个解释变量（议价能力、控制感、风险承受能力和认知能力）与谁做出财务决策之间的关联的教育。调查结果为向金融专业人士咨询财务管理的老年夫妇提供了潜在的好处。