TY  - UNPD
A1  - Lusardi, Annamaria
A1  - Mitchell, Olivia S.
T1  - Planning and financial literacy : how do women fare?
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 2008,03
N2  - Many older US households have done little or no planning for retirement, and there is a substantial population that seems to undersave for retirement. Of particular concern is the relative position of older women, who are more vulnerable to old-age poverty due to their longer longevity. This paper uses data from a special module we devised on planning and financial literacy in the 2004 Health and Retirement Study. It shows that women display much lower levels of financial literacy than the older population as a whole. In addition, women who are less financially literate are also less likely to plan for retirement and be successful planners. These findings have important implications for policy and for programs aimed at fostering financial security at older ages.
T3  - CFS working paper series - 2008, 03 
KW  - Aging
KW  - Financial Literacy
KW  - Gender Issues
KW  - USA
KW  - Frau
KW  - Ruhestand
KW  - Altersversorgung
Y1  - 2008
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/306
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-52384
IS  - January 2008
ER  -