Kiymaza, HalilÖztürkkal, Belma2020-12-192020-12-19201951052-30731947-79101052-30731947-7910https://hdl.handle.net/20.500.12469/3590https://doi.org/10.1891/1052-3073.30.2.191This study investigates perceived financial needs and subjective financial well-being using data from a national survey of 2,567 households in Turkey. Financial needs are measured by consumer perceived ability to meet current living expenses in the short-term as well as their assessment for the retirement security in the long-term. We also investigate how income sources are related to subjective financial well-being. Findings show that households' daily concerns including the inability to meet short-term expenses including healthcare, daily living expenses (food and utilities), and the inability to maintain the existing living standard are highly significant factors in explaining their subjective financial well-being. We also find that having enough income during retirement and ability to find a job in the future are positively related to subjective financial well-being. Finally, when households ' incomes are from work, rental properties, family, and pension, they feel more financially secure.eninfo:eu-repo/semantics/closedAccessEmerging marketFinancial well-being and assessmentRiskSurveyTurkeyArticle191201230WOS:00049442630000310.1891/1052-3073.30.2.1912-s2.0-85075672905N/AQ3