Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education.
Posted on:
11/05/12The review reveals that many households are unfamiliar with even the most basic economic concepts needed to make saving and investment decisions. In response, governments and several nonprofit organizations have undertaken initiatives to enhance financial literacy. The experience of other countries, including a saving campaign in Japan as well as the Swedish pension privatization program, offers insights into possible roles for financial literacy and saving programs.
Researchers
Most Recent Research Postings
Financial Literacy and Subprime Mortgage Delinquency: Evidence from a Survey Matched to Administrative Data
Financial Literacy and Family and Consumer Sciences
Measuring Financial Literacy
Which Matters in Student Loan Default: A Review of the Research Literature
Which Student are More Likely to Experience Financial Socialization Opportunities?
The Student Loan Scandal
The Student Debt Dilemma: Debt Aversion as a Barrier to College Access
The Effect of Loans on Time on Time to Doctorate Degree: Differences by Race/Ethnicity, Field of Study, and Institutional Characteristics
Become a Member
Join financialcorps today to get access to exclusive content, networking community, and inside information to the world of financial literacy.