Financial Knowledge and Financial Literacy at the Household Level
NBER Working Paper No. 16500
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This research was supported by a grant from the U.S. Social Security Administration (SSA) through the Michigan Retirement Research Center under grant number UM10-12. Measures of knowledge of pensions and Social Security are drawn from our recent book Pensions in the Health and Retirement Study, based on work principally supported by NIA grant R01 AG024337, “Behavioral Analysis in Structural Retirement Models”. The findings and conclusions expressed are solely those of the authors and do not represent the views of the NBER, SSA, NIA, or the MRRC. We are grateful to James Smith and Jonathan Zinman for suggestions and comments.