Financial Literacy

Financial Literacy icon
Financial capability improves retirement outcomes

Financial literacy is as important as schooling in building wealth and retirement income. The TIAA Institute focuses on such issues as the importance of financial literacy, the financial literacy of all Americans, as well as special groups such as Hispanics, women and Gen Y. 

Learn about our new P-Fin Index here: Financial Literacy in the United States and Its Link to Financial Wellness: The 2019 TIAA Institute-GFLEC P-Fin Index

Insights

Also produced by the TIAA Institute, Insights features reports addressing prominent issues in financial security, higher education, and philanthropy. While typically written for a primarily non-technical audience, Insights are prepared using the same level of academic rigor found in our other research publications, and can serve as valuable sources of information for a diverse group of readers.

August 2019

Can financial advice serve as an effective substitute for financial literacy? It all depends on the investor.

February 2018

Procrastination keeps employees at the default contribution rate, but only in “opt-out” plans.

February 2018

Highly educated people with relatively high expected lifetime earnings are often assumed to have greater financial acumen than the general population. But is this a safe assumption?

Research Reports

Original research produced by the TIAA Institute—both independently and in collaboration with noted scholars—examines topics of interest to the academic, nonprofit and public sectors. The reports combine statistical findings with thoughtful, data-driven observations and conclusions to provide in-depth analyses that are informative and appropriate for both technical and more academic audiences.

August 2019

Can financial advice serve as an effective substitute for financial literacy? It all depends on the investor.

April 2019

Many Americans lack the personal finance knowledge needed for sound financial decision making.

September 2018

Millennials comprise 35% of the U.S. labor force and by 2019 are expected to surpass Baby Boomers as the nation’s largest generation. So their financial capability matters greatly to the U.S. economy.