Financial Literacy and Financial Sophistication Among Older Americans
NBER Working Paper No. 15469
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The research reported herein was conducted pursuant to grants from the U.S. Social Security Administration (SSA) to the Financial Literacy Center and the Michigan Retirement Research Center funded via the Financial Literacy Research Center and the Retirement Research Consortium. Additional support was provided by the Pension Research Council and Boettner Center at the Wharton School of the University of Pennsylvania, and FINRA Investor Education Foundation. Opinions and errors are solely those of the authors and not of the institutions with which the authors are affiliated. © Lusardi, Mitchell, and Curto. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.