Half of millennials believe Social Security will run dry before they retire. That’s not entirely true, but without major reforms their benefits will take a hit. We explain.
Investing in financial knowledge is akin to investing in human capital, argues a new paper in the
. Up to 40 percent of wealth inequality among retirees is a result of differences in financial knowledge.
2015 study in
Health Economics that investigates the potential impact that raising cigarette taxes might have on tobacco use among older adults.
2011 U.S. government report on the ages of Social Security and Disability Insurance applicants over time.
2011 paper by the federal Office of Retirement Policy analyzes demographic information for “never-beneficiaries” aged 62 to 84.
2011 U.S. Government report on the challenges facing the Social Security system and its ability to meet its obligations to retirees and those on disability.
2011 report by Boston College on underlying trends in stock values and the outlook for personal retirement investments.
2010 study by the Brookings Institution on helping members of the public make better financial decisions about their lives.
2010 study for National Bureau of Economic Research on lack of financial knowledge and retirement decisions.
2010 report by the Social Security Administration on faulty decision-making in retirement investing strategies.