The Role of Financial Literacy in Financial Decisions and Retirement Preparedness among Seniors and Older Adults
Objectives:
- To understand the characteristics of those who are “over-confident” among seniors (65+) and older adults (55-64)
- To understand the financial behaviours and outcomes that are associated with financial knowledge and confidence among seniors and older adults.
- To shed light on the needs of seniors and older adults in order to design effective intervention strategies.
This is a quantitative analysis using Statistics Canada’s public use microdata file of the Canadian Financial Capability Survey 2014.
Project Details
Published: November 2015
Capability: Policy Research
Policy Area: Adult Learning - Financial Literacy, Income Security - Income Security for Seniors
Population: Older Workers - Seniors
Type: Deck/ Notes
Other Related Projects
Enhancing Human Resources and Supervisory Capacity to Champion Skills for Success Training
SRDC is working in partnership with SkillPlan, Excellence in Manufacturing Consortium (EMC), and Ontario Tourism Education Corporation (OTEC) to design, implement, and evaluate a… Read More
Enhancing Employment Services Through Development and Assessment of Skills for Success Training
With the involvement of several project partners, SRDC is developing assessment and training resources to support both transferable and sector-based Skills for Success (SFS)… Read More
