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Retirement Security of the Baby Boomers: the Role of Financial Literacy and Planning
National Bureau of Economic Research [NBER]
Apr. 26, 2007 Excerpt: In 'Baby Boomer Retirement Security: the Roles of Planning, Financial Literacy, and Housing Wealth' (NBER Working Paper 12585), [the authors] explore the links between financial literacy, planning, and retirement saving adequacy. Specifically, the authors ask how financially prepared Baby Boomers are for retirement, whether more financially-literate individuals are more likely to plan for retirement, and whether planning affects wealth accumulation. MORE >> |
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