Fong, Joelle H.; Koh, Benedict SK.; Mitchell, Olivia S.; … - 2019
financial and investment behaviors: credit card debt repayment, stock market participation, and adherence to age …-based investment glide paths. We found that the majority of respondents age 50+ has some grasp of concepts such as interest compounding …-appropriate investment glide path. The financial literacy score is only weakly positively linked with timely credit card balance repayment …