Financial Literacy

How financial literacy varies among U.S. adults

Financial literacy is knowledge and understanding that enable sound financial decision making and effective management of personal finances. An individual’s financial well-being depends, at least in part, on his or her financial literacy.

How financial literacy varies among U.S. adults

Financial literacy is knowledge and understanding that enable sound financial decision making and effective management of personal finances. An individual’s financial well-being depends, at least in part, on his or her financial literacy.

The second wave of the Healthcare Sector Financial Wellness Survey provides an updated analysis of personal finances and financial well-being among full-time employees in hospitals and healthcare systems.

Are U.S adults at all ages equipped to meet common financial challenges?

The number of older Americans has risen dramatically in recent decades, and they are taking increasing responsibility for managing their accumulated wealth.

Financial well-being and literacy in the midst of a pandemic

COVID-19 has underlined the importance of possessing financial knowledge and skills—and having a financial cushion to weather the unexpected.

Many people have only a vague notion of the concept of longevity risk, which in turn implies they are likely to save too little for retirement and have a low demand for longevity insurance products.

What makes a market for annuity contracts successful, and what are the key demand and supply constraints that affect the performance of such a market?

As policymakers, financial services firms and individuals turn their attention to the decumulation phase of retirement saving, annuities are gaining renewed interest.