Financial Security in Older Populations

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  • An elderly couple sit at a table reviewing financial documents. Photo by South_agency / Getty Images

    Financial Literacy and Financial Decision-Making at Older Ages

    Feb 9, 2021

    How well older households manage their wealth holdings is an important determinant of their financial security during retirement, yet little is known about their financial decision-making and how this relates to their financial literacy. This study measures financial literacy among older persons in the Singapore Life Panel.

  • The Effect of Housing Wealth Losses on Spending in the Great Recession

    Sep 20, 2019

    Middle-aged and older Americans reduced household spending following losses in housing wealth during the Great Recession. These changes in spending could have exacerbated the effect of the crisis, and may shed light on the dynamics of household spending in future recession events.

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