Why do only a minority of Americans feel that they have saved adequately for their retirement? Little is known about why people fail to plan for retirement and whether wide variations in Americans’ financial knowledge may affect their decisions about how much to save and which investments to hold.
At this event, Dartmouth College economist Annamaria Lusardi will present the results of her research on the impact of financial literacy on retirement planning. Commenting on her findings will be Christopher D. Carroll, professor of economics at Johns Hopkins University, and AEI’s Steven J. Davis. Kevin A. Hassett, director of economic policy studies at AEI, will moderate.
