Financial Literacy and Planning: Implications for Retirement Wellbeing
Kevin A. Hassett, Steven J. Davis
June 14, 2007
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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.

About the Author

 

Kevin A.
Hassett
  • Before joining AEI, Mr. Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at the Graduate School of Business of Columbia University, as well as a policy consultant to the Treasury Department during the George H. W. Bush and Clinton administrations. He served as an economic adviser to the George W. Bush 2004 presidential campaign and as Senator John McCain's chief economic adviser during the 2000 presidential primaries. He also served as a senior economic adviser to the McCain 2008 presidential campaign. Mr. Hassett is a columnist for National Review.

  • Phone: 202-862-7157
    Email: khassett@aei.org

  • Assistant Info

    Name: Veronika Polakova
    Phone: 202-862-4880
    Email: veronika.polakova@aei.org
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Steven J.
Davis

  • Steven J. Davis studies unemployment, job displacement, business dynamics, the effect of taxes on work activity, and other topics in economics. He is deputy dean for the faculty and professor of international business and economics at the University of Chicago Booth School of Business, a research associate at the National Bureau of Economic Research, and an economic adviser to the U.S. Congressional Budget Office.  He previously taught at Brown University and MIT.  As a visiting scholar at AEI, Mr. Davis studies how policy-related sources of uncertainty affect national economic performance.



     
  • Phone: 773-702-7312
    Email: sdavis@aei.org

  • Assistant Info

    Name: Chad Hill
    Phone: 202-862-5862
    Email: chad.hill@aei.org
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