Borrowing money to satisfy your wants is a fairly frequent prevalence. Asebedo and her coauthor, Christopher Browning, Ph.D., also of Texas Tech, analyzed character and psychological information from more than 3,600 individuals in the United States age 50 or older (the typical age was 70) within the 2012 and 2014 waves of the Health and Retirement Study. This is a nationally consultant survey sponsored by the Nationwide Institute on Aging and carried out by the College of Michigan. The information were paired with tax knowledge from the same individuals to account for withdrawals from individual retirement accounts. The researchers solely used individuals who made withdrawals from their retirement accounts and other saving accounts.