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

TIAA Institute 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 general audiences.

April 2020

Americans’ financial literacy, while remaining low overall, has improved slightly in recent years. 

February 2020

The financial decisions of millennials—defined as individuals age 18 to 37 in 2018—will likely affect the U.S. economy for the next 30 years.

 
November 2019

This report uses the third wave of the P-Fin Index to examine the current state of financial literacy and financial wellness among African-American adults.

October 2019

Achieving and maintaining financial well-being is a goal of many individuals. Increasingly, it’s a goal employers have for their workforce, as well.

August 2019

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

June 2019

Opportunities to borrow increased considerably in the U.S. over the past few decades, and many Americans today are approaching retirement with high levels of debt.

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.

July 2018

Many older adults experience declining cognitive ability and make sub-optimal investment decisions, posing a challenge for themselves and their families.