Financial literacy and Canadians' capacity to plan for retirement is of primary importance for the policy debate over … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement … that has been consistently found in other countries as well. Retirement planning is strongly associated with financial …

.S. adults with greater financial literacy tend to have better financial well-being. This report shows that retirement readiness … addition, it shows that retirement readiness is also related to longevity literacy. While typically an overlooked factor, the … importance of longevity literacy is not surprising since retirement income security inherently involves planning for the time …

is a key determinant of wealth inequality. The mechanism we posit is that financial knowledge enables individuals to … knowledge. As a result, making financial knowledge accumulation endogenous amplifies differences in accumulated retirement … wealth over the life cycle. According to our estimates, from 30 to 40 percent of wealth inequality can be accounted for by …