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According to the U.S. Census records, 40% of the population is aged between 35 and 64. This statistic means that a substantial percentage of the nation's population is in the wealth-formation phase of their life cycle and should be saving towards their retirement goals. Hence, the demand for...
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This paper examines the role of financial stress in explaining the relationship between financial literacy and financial wellbeing among individuals in the United States. The 2018 FINRA National Financial Capability Study dataset is used for the empirical analyses of this study. The results...
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