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Financial Literacy: Implications for Retirement Security and the Financial Marketplace

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Financial Literacy: Implications for Retirement Security and the Financial Marketplace - Mitchell, Olivia S. (Editor), and Lusardi, Annamaria (Editor)
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As financial markets grow ever more complex and integrated, households must make increasingly sophisticated and all-too-often irreversible economic decisions. This is particularly evident in retirement decision-making. Traditional defined benefit pension schemes are being replaced with defined contribution pensions; employer and government judgment regarding how much to save and where to invest has been replaced by employees having to make these choices on their own (sometimes assisted by advisers); and retirees have become ...

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Financial Literacy: Implications for Retirement Security and the Financial Marketplace 2011, Oxford University Press, Oxford

ISBN-13: 9780199696819

Hardcover