We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial … concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education … and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly …

We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial … concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education … and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly …

We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial … concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education … and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly …

strong link to household wealth. -- Financial Education ; Savings and Wealth Accumulation ; Retirement Preparation … same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a … savings plan has been shown to boost wealth. Overall, financial literacy, both directly and indirectly, is found to have a …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a … savings plan has been shown to boost wealth. Overall, financial literacy, both directly and indirectly, is found to have a …