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: The 2018 TIAA Institute-GFLEC Personal Finance Index: The State of Financial Literacy Among U.S. Adults.

Insights

June 2017

Financial communications can be complex, making misinterpretation likely. This study takes an in-depth look at how people process – and act upon – financial information.

March 2017

Improvements in the overall economy between 2012 and 2015 have enhanced working women’s short-term financial position. But their long-term financial status and levels of financial knowledge have changed very little.

April 2016

Hispanics are a distinctive demographic that is younger than the general population, changing rapidly and marked by a unique set of challenges. Moreover, by 2065 they are expected to make up nearly a quarter of the nation’s population.  

Research Reports

May 2018

Financial literacy undoubtedly plays an important role in decision making, but the associated mechanisms are complex and mediated by a variety of factors.

April 2018

Financial knowledge has been shown to correlate strongly with financial outcomes. So what’s the state of the nation’s financial literacy?

February 2018

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