The 2018 TIAA Institute-GFLEC Personal Finance Index
Financial knowledge has been shown to correlate strongly with financial outcomes. So what’s the state of the nation’s financial literacy?
Our Mission
Featured Research
The 2017 Personal Finance Index: A New Measure of Financial Literacy
Operating and Financial Leverage in Gen Y Households
Research Reports
Conventional economic models assume that investors confronted with risky choices maximize expected utility; yet in the real world, people are prone to making predictable errors.
Financial literacy undoubtedly plays an important role in decision making, but the associated mechanisms are complex and mediated by a variety of factors.
Poor financial capability in old age can have serious repercussions, causing people to make mistakes with credit, draw down retirement assets too quickly, and fall victim to financial predators.
Insights
Understanding the prevalence, diversity and predictive power of behavioral factors—deviations from classical assumptions about consumer choice—is critical for theory, research and policy.
Conventional economic models assume that investors confronted with risky choices maximize expected utility; yet in the real world, people are prone to making predictable errors.
As older Americans tap into their retirement funds, they often face a choice between receiving a smaller, immediate payout and a larger, future payout. How does memory affect these “intertemporal” choices?
Events
Managing Effectively Across Differences: The Impact of Implicit Bias on Leadership
The TIAA Institute partnered with Duke University Office of the Provost and the Council on Foundations to host a unique gathering of thought leaders.
2016 TIAA Paul A. Samuelson Award Ceremony
Past EventsWorking with leading research centers, associations and think tanks across the nation helps the TIAA Institute tap into their diverse expertise and broaden its impact among its audiences. This yields reliable, data-driven information leaders need to make sound decisions.