NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Financial Sophistication in the Older Population

Annamaria Lusardi, Olivia S. Mitchell, Vilsa Curto

NBER Working Paper No. 17863
Issued in February 2012

---- Acknowledgements -----

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 Consortium 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 the FINRA Investor Education Foundation. We are grateful to Richard Derrig for sharing his PRIDIT code. Opinions and errors are solely those of the authors and not of the institutions with which the authors are affiliated The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Olivia S. Mitchell -----

Mitchell serves as a Trustee for the Wells Fargo Advantage Funds. She has also received more than $10,000 from the TIAA-CREF Institute for research studies on retirement security.

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